Overview

• TSMC’s second-quarter net profit rose 61% year-on-year to a record NT$398.3 billion, driven by booming AI and high-performance computing chip sales.
• The company forecast third-quarter revenue of US$31.8–33.0 billion, reflecting a projected 38% increase from a year earlier and an 8% sequential gain.
• CEO C. C. Wei said full-year 2025 revenue is expected to grow about 30% in U.S. dollar terms, fuelled by demand for advanced-node technologies.
• TSMC plans to accelerate U.S. production with six advanced wafer fabs, two packaging sites and an R&D centre under construction in Arizona.
• Management warned that U.S. tariff threats, the Taiwan dollar’s strength and upfront investment costs will compress upcoming gross margins to around 55.5–57.5%.