TSMC June revenue surges 67.9% to NT$442.7B on AI demand

TSMC reported June revenue of NT$442.68 billion, up 67.9% from a year earlier, as AI chip demand drove another record month for the world's largest contract chipmaker.

Bloomberg calculations show second-quarter revenue reached NT$1.27 trillion, extending the company's streak of record quarterly sales. The figure aligns with analyst estimates, according to Smartkarma data, which showed year-to-date sales surged 35.6%. TSMC did not disclose segment-level data or provide formal guidance in the monthly release.

June's 67.9% year-on-year growth marks the latest in a series of strong gains driven by demand for advanced chips used in AI training and inference workloads. The company's 3-nanometer and 5-nanometer nodes remain the primary growth engines, serving customers such as Nvidia Corp. and Advanced Micro Devices Inc.

The sustained revenue momentum reinforces expectations that AI-related semiconductor demand will remain robust through the second half of the year. TSMC is scheduled to report full second-quarter earnings later this month, when investors will receive details on gross margins, capital expenditure plans and third-quarter guidance.

The revenue beat strengthens the case for TSMC to raise its full-year revenue forecast when it reports earnings. Investors will watch the upcoming earnings call for updates on the company's overseas fab expansion and any changes to its capital spending plans.

This article is for informational purposes only and does not constitute investment advice.