Taiwan Semiconductor Manufacturing Company (TSMC) posted a sharp rise in revenue for the first half of 2026, reflecting sustained global demand for advanced artificial intelligence chips as the world’s largest contract chipmaker prepares to release its full second-quarter financial results later this week.
The company said on Monday that June revenue reached NT$398.27 billion (€10.8 billion), marking a 67.9% increase from the same month last year. Total revenue for the first six months of 2026 climbed to NT$2.4 trillion (€65.4 billion), up 35.6% compared with the same period in 2025.
Based on TSMC’s monthly sales figures, second-quarter revenue totaled about NT$1.27 trillion. That exceeded the NT$1.264 trillion (€34.4 billion) average estimate compiled from 20 analysts surveyed by LSEG, pointing to stronger-than-expected business during the quarter.
The revenue figures released on Monday cover only June sales and cumulative revenue for the first half of the year. Investors are now awaiting the company’s complete second-quarter earnings report, scheduled for Thursday, which will include net profit, gross margin, operating margin and updated financial guidance.
Earlier this year, TSMC projected that full-year 2026 revenue would increase by more than 30% in U.S. dollar terms. The company also announced plans to spend between $52 billion (€45.5 billion) and $56 billion (€49 billion) on capital investments as it expands production capacity to meet growing demand for advanced semiconductors.
Construction and development of new fabrication facilities are continuing in Arizona, Japan and Germany. These projects are intended to support rising customer demand while helping governments strengthen domestic semiconductor production.
TSMC shares gained about 1% after the latest revenue update, as investors looked ahead to additional details on profitability, future growth and progress in the rollout of the company’s two-nanometre manufacturing technology.
The chipmaker remains a key supplier for many of the world’s biggest technology companies. Advanced processors used in artificial intelligence systems, including Nvidia’s graphics processing units and custom AI chips designed by Amazon, Google and Microsoft, are manufactured by TSMC in Taiwan.
During the company’s April earnings presentation, Chief Executive Che-Chia Wei described demand for AI chips as “extremely robust,” saying the rapid development of more capable AI systems is driving the need for greater computing power.
Advanced manufacturing technologies, which include chips produced using seven-nanometre processes or smaller, accounted for 74% of wafer revenue in the first quarter. TSMC’s three-nanometre process alone contributed 25% of wafer revenue.
Industry reports have also suggested that Nvidia has secured around 60% of TSMC’s advanced chip-packaging capacity for 2026, underlining the continued tight supply of high-end AI semiconductors as demand across the sector continues to expand.
