TSMC Reports 68% Surge in June Revenue Ahead of Earnings Release

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 67.9% year-on-year increase in June sales, reaching NT$ 442.68 billion. For the first half of 2026, total revenue was 2.4 trillion new Taiwan dollars ($74.99 billion), a 35.6% increase compared to the same period in 2025. TSMC's second-quarter revenue exceeded its guidance of $40.2 billion, demonstrating strong demand in the AI sector. This matters for investors as TSMC is projected to achieve over $40 billion in AI chip revenue in 2026, impacting its total revenue significantly.