Key facts
- TSMC reported a record second-quarter revenue of NT$1.27 trillion ($39.63 billion).
- This represents a 36% year-over-year increase in revenue.
- Strong demand for artificial intelligence applications drove the company's performance.
- TSMC's Q2 revenue surpassed market expectations of NT$1.264 trillion.
- June revenue saw a 67.9% year-on-year increase.
Taiwan Semiconductor Manufacturing Co. (TSMC) announced its second-quarter revenue, reaching a record NT$1.27 trillion ($39.63 billion). This figure represents a significant 36% increase from the same period in the prior year, driven primarily by the surging demand for artificial intelligence applications. The reported revenue surpassed the market's expectation of NT$1.264 trillion. TSMC also reported that its June revenue increased by 67.9% year-on-year. The company is a key supplier for major technology firms including Nvidia and Apple.