Overview

• TSMC reported a 60% year-on-year rise in Q2 net profit to 398 billion TWD, beating analyst expectations
• Second-quarter revenue climbed 39% to 934 billion TWD, underscoring sustained momentum for the world’s largest contract chipmaker
• Strong growth in high-performance AI applications fueled the profit jump as companies race to expand data center capacity
• The company forecasts third-quarter revenue of $31.8 billion to $33 billion, a projection that exceeds consensus estimates
• Competitors such as Nvidia and AMD remain constrained by limited capacity as AI demand continues to outpace global chip supply