TSMC mentioned on Monday that June gross sales rose 67.9% year-on-year to NT$398.27 billion (€10.8 billion), and first-half gross sales reached NT$2.4 trillion (€65.4 billion), a rise of 35.6% in comparison with the identical interval in 2025.
Primarily based on the corporate’s month-to-month earnings disclosures, second-quarter income was roughly NT$1.27 trillion, beating the consensus estimate of NT$1.264 trillion (€34.4 billion) from 20 analysts surveyed by LSEG.
Monday’s launch solely covers gross sales for June and cumulative gross sales for the primary half of the yr.
TSMC is scheduled to launch its full second-quarter monetary outcomes on Thursday, together with internet revenue, gross revenue, working revenue, and up to date monetary steering.
The highway forward
TSMC mentioned in its April earnings name that it expects full-year 2026 income to extend by greater than 30% in U.S. greenback phrases, and that it expects capital spending to vary from $52 billion (45.5 billion euros) to $56 billion (49 billion euros) to increase manufacturing capability to satisfy AI-driven demand.
New manufacturing vegetation are beneath building or in preparation in Arizona, Japan, and Germany, reflecting each the dimensions of buyer demand and authorities efforts to strengthen home semiconductor manufacturing.
TSMC inventory rose about 1% following Monday’s earnings replace.
Buyers will now tune into Thursday’s full earnings report for updates on profitability, margins, full-year steering, and the rollout of the corporate’s 2-nanometer manufacturing expertise, which is already attracting sturdy buyer curiosity.
AI engine
The corporate is on the middle of one of many largest funding cycles in semiconductor business historical past.
Lots of the world’s main AI processors, together with Nvidia’s GPUs and far of the customized AI silicon designed by Amazon, Google, and Microsoft, are manufactured by Taiwan’s TSMC.
Throughout the firm’s April earnings name, CEO Che-Chia Wei mentioned demand for AI is “very sturdy” as a result of shift from chatbots that reply inquiries to agent-based AI methods that may take actions.
That transition would require considerably extra computing energy, rising demand for the superior chips that TSMC makes.
Superior expertise, outlined as chips manufactured utilizing course of applied sciences under 7 nanometers, accounted for 74% of wafer income within the first quarter.
TSMC’s 3-nanometer expertise alone contributed 25% of wafer income.
Studies point out that NVIDIA has reserved roughly 60% of TSMC’s superior chip packaging capability for 2026, highlighting continued provide constraints throughout the AI semiconductor market.
