TSMC posts 68% June revenue rise, expands AI packaging

Taiwan Semiconductor Manufacturing Company reported a sharp rise in revenue for June and the second quarter, results that underscore its central role in supplying the artificial intelligence boom. The world's largest contract chipmaker also confirmed plans to significantly expand its advanced packaging capacity in southern Taiwan, a critical bottleneck in the global AI supply chain.

TSMC announced on Monday, July 13, 2026, that its June revenue surged 67.9% year-over-year to NT$442.68 billion. The company's second-quarter revenue reached NT$1.270 trillion (approximately $39.63 billion), a 36% annual increase that exceeded the high end of its own guidance range. For the first half of 2026, total revenue was NT$2.4 trillion, up 35.6% from the same period last year. The release of the June figures was delayed from the previous Friday due to disruptions from Typhoon Bavi.

Analysts described the performance as robust, noting that June revenue typically shows a seasonal decline. Sravan Kundojjala of SemiAnalysis pointed to sustained tight demand, stating that TSMC is sold out on its advanced N3 manufacturing node, which is targeted by leading AI GPU and CPU designs this year. He...