Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported consolidated revenue of NT$442.68 billion (about $13.8 billion) for June 2026, up 67.9% from a year earlier, according to figures the company filed with Taiwan’s stock exchange on July 13.
The June total capped a record second quarter: revenue for April through June came to roughly NT$1.27 trillion (about $39.6 billion), a 36% increase from the same period last year. Revenue for the first half of 2026 reached NT$2.4 trillion, up 35.6% year over year, based on the same company disclosures.
Demand still outstrips supply
The growth is being driven almost entirely by orders for chips that power AI systems. Analysts who track foundry capacity say TSMC’s advanced 3-nanometer and 2-nanometer production lines are already booked through 2027 and 2028, and its CoWoS advanced-packaging lines, which connect AI accelerators to high-bandwidth memory, now carry lead times of more than 50 weeks. Those analysts estimate Nvidia alone accounts for the majority of that packaging capacity.
TSMC manufactures processors for nearly every major AI chip designer, including Nvidia, AMD, and Apple, as well as newer custom accelerators built by OpenAI, Meta, and Google. That position at the center of the AI supply chain has turned its monthly revenue disclosures into a closely watched signal of how much computing capacity the industry can actually build, as opposed to how much it has simply ordered.
Analysts surveyed ahead of TSMC’s full quarterly report, due July 16, expect net profit to rise nearly 59% year over year. That report is expected to give more detail on capital spending plans and on how much of 2026’s growth is coming from AI customers versus TSMC’s longer-standing smartphone and PC chip business.