Taiwan Semiconductor Manufacturing Co. announced robust financial results for June, posting year-on-year revenue growth of 67.9%, with the world’s largest contract chipmaker continuing to benefit from strong demand in artificial intelligence applications. The company reported June revenue of NT$442.68 billion, representing a 6.2% monthly increase. Shares rose 1% following the announcement.
For the first half of 2026, TSMC generated total revenue of 2.4 trillion new Taiwan dollars, equivalent to $74.99 billion, marking a 35.6% increase compared to the corresponding period in 2025. The results exceeded the company’s second-quarter guidance upper bound of $40.2 billion. Notably, June revenue bucked historical trends, as the chipmaker typically experiences month-on-month declines in June over the preceding four years, according to industry analysis.
Analysts attributed the strong performance to exceptionally tight supply-demand conditions in the artificial intelligence sector. TSMC reported being sold out on its N3 process node, which has become the preferred technology for leading artificial intelligence graphics processing units and central processing units. Industry estimates suggest TSMC is positioned to generate approximately $40 billion in AI chip revenue for the full year 2026, representing roughly 25% of total revenue.
The chipmaker, which holds a commanding 73% share of the global pure-foundry market in the first quarter of 2026, serves major technology clients including Nvidia, Apple, and Advanced Micro Devices. Additionally, TSMC announced plans to establish two advanced chip packaging facilities at the Chiayi Science Park in southern Taiwan, with the first facility already in mass production and the second expected to commence operations shortly.
The company is scheduled to release its official second-quarter earnings report later this week, providing additional detail on financial performance and forward guidance.
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