TSMC’s June sales surge 68% ahead of Q2 earnings release

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 67.9% year-on-year increase in June revenue on Monday, just days before releasing its second-quarter earnings.

During the first half of 2026, the company generated total revenue of NT$2.4 trillion (US$74.99 billion), marking a 35.6% rise compared with the same period in 2025. June revenue reached NT$442.68 billion, representing a 6.2% increase from the previous month.

TSMC’s shares gained 1% on Monday following the announcement.

According to Sravan Kundojjala, an analyst at SemiAnalysis, the results were particularly strong, with second-quarter revenue surpassing the company’s upper guidance of US$40.2 billion. He also highlighted that the month-on-month increase in June revenue is especially noteworthy, as June sales have typically declined over the past four years.

Kundojjala attributed the performance to sustained demand for artificial intelligence (AI) chips, noting that supply remains constrained. He added that TSMC’s advanced 3-nanometre (N3) process is fully booked, driven by demand from leading AI graphics processing units (GPUs) and central processing units (CPUs).

As the world’s largest contract chipmaker, TSMC manufactures semiconductors for a broad range of applications, from smartphones to advanced AI computing systems. Its major customers include leading U.S. technology companies such as Nvidia, Apple, and Advanced Micro Devices (AMD).

Kundojjala estimates that TSMC is on course to generate more than US$40 billion in AI chip revenue in 2026, accounting for nearly a quarter of the company’s total revenue.