Taiwan Semiconductor Manufacturing Company (TSMC) reported a massive 67.9% year-on-year jump in June revenue, reaching NT$442.68 billion. The strong figures, released Monday instead of Friday due to Typhoon Bavi, pushed TSMC shares up 1%. The second-quarter revenue reached NT$1.27 trillion ($39.63 billion), up 36% YoY, beating management guidance.
The semiconductor giant now forecasts over $40 billion in AI chip revenue for 2026, accounting for nearly 25% of its total revenue. TSMC holds a dominant 73% share of the global pure-foundry market, with key clients including Nvidia, Apple, and AMD. Demand for AI graphics processors and advanced packaging remains fierce, with N3 technology fully booked.
In addition, TSMC plans to build two more advanced chip packaging plants in Chiayi Science Park, Taiwan, adding to its existing two facilities. The expansion is expected to generate over NT$300 billion ($9.35 billion) in annual output and create 9,000 new jobs. CoWoS packaging capacity is particularly strained as AI chip orders surge.
