TLDR
- TSMC June revenue rose 67.9% year-on-year to NT$442.68 billion
- Stock gained 1% on Monday following the revenue release
- First-half 2026 revenue hit NT$2.4 trillion ($74.99 billion), up 35.6%
- Q2 revenue reached $39.63 billion, beating the high-end guidance of $40.2 billion
- TSMC plans to add two advanced chip packaging plants in Chiayi Science Park, Taiwan
TSMC reported a sharp jump in June revenue on Monday, posting a 67.9% year-on-year increase to NT$442.68 billion. The figures were released on Monday instead of Friday due to disruptions caused by Typhoon Bavi.
TSMC stock rose 1% on the news.
Taiwan Semiconductor Manufacturing Company Limited, TSM
The revenue beat expectations, with Q2 total revenue coming in at NT$1.270 trillion ($39.63 billion), up 36% year-on-year. That figure exceeded the company’s own high-end guidance of $40.2 billion.
For the first six months of 2026, TSMC’s total revenue reached NT$2.4 trillion ($74.99 billion), a 35.6% increase over the same period last year.
Sravan Kundojjala, an analyst at SemiAnalysis, described the numbers as “quite robust.” He pointed out that June revenue typically declines month-over-month in historical patterns over the past four years — making this result stand out.
“The demand supply situation in AI is still quite tight and TSMC is sold out on N3, which is targeted by all leading AI GPU and CPUs this year,” Kundojjala said.
AI Revenue on Track to Hit $40 Billion
Kundojjala estimates TSMC is on track to generate over $40 billion in AI chip revenue in 2026, which would account for close to 25% of its total revenue.
TSMC holds a 73% share of the global pure-foundry market as of Q1 2026, according to Counterpoint Research. Key clients include Nvidia, Apple, and AMD.
The strong June figures arrive just days before TSMC’s second-quarter earnings, scheduled for Thursday, July 16. Beyond the headline numbers, analysts will be watching closely for the company’s guidance on upcoming quarters. TSMC is widely seen as a bellwether for the broader chipmaking industry.
Expansion Plans in Southern Taiwan
On the infrastructure side, TSMC plans to add two advanced chip packaging plants at the Chiayi Science Park in southern Taiwan, Reuters reported. Taiwan’s National Science and Technology Council Minister Wu Cheng-wen confirmed that the first facility is already in mass production, with the second expected to follow shortly.
Month-on-month, June revenue was also up 6.2% from May — another detail that caught analyst attention given the seasonal tendency for June to soften.
TSMC is set to report full Q2 earnings on July 16.
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