TSMC June sales boost revenue by 68% ahead of quarterly earnings
Taiwan's chipmaker TSMC reported a significant jump in June sales, propelling first-half revenue up 35.6%. The company will release its full second-quarter earnings report on Thursday.
TSMC announced on Monday that June revenue rose 67.9% year-on-year to NT$398.27 billion (€10.8 billion), bringing first-half revenue to NT$2.4 trillion (€65.4 billion), a 35.6% increase from the same period in 2025.
Based on monthly revenue disclosures, second-quarter revenue reached approximately NT$1.27 trillion, beating the consensus forecast of NT$1.264 trillion (€34.4 billion) from 20 analysts surveyed by LSEG. The Monday release covers only June and cumulative first-half sales; the full second-quarter earnings report, including net profit, gross margin, operating margin and updated guidance, will be published on Thursday.
In its April earnings presentation, TSMC forecasted full-year 2026 revenue growth of over 30% in US dollar terms and capital spending between $52 billion (€45.5 billion) and $56 billion (€49 billion) to expand manufacturing capacity for AI-driven demand. New fabrication plants are under construction or preparation in Arizona, Japan and Germany.
TSMC shares rose about 1% following the Monday revenue update. Investors are now focused on Thursday's full report for details on profitability, margins, full-year outlook, and the rollout of the company's two-nanometre technology, which has already attracted strong customer interest.
AI demand remains extremely robust, with CEO Che-Chia Wei noting a shift from chatbots to agentic AI systems that require significantly more computing power. Advanced technologies (7 nanometres and smaller) accounted for 74% of wafer revenue in the first quarter, with 3-nanometre technology alone contributing 25%. Reports indicate that Nvidia has reserved roughly 60% of TSMC's advanced chip-packaging capacity for 2026, highlighting ongoing supply constraints.
