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yesterday

TSMC’s First-Half Revenue Climbs 40% as Q2 Performance Tops Forecast

Fueled by surging AI demand, TSMC is advancing a $100 billion US expansion plan under tariff uncertainty.

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/File Photo
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Overview

  • TSMC’s first-half revenue climbed 40% year-on-year to NT$1.77 trillion (US$60.8 billion).
  • Second-quarter revenue reached NT$933.79 billion, a 38.6% increase that surpassed the company’s US$28.4–29.2 billion guidance.
  • June revenue totaled NT$263.71 billion, down 17.7% from May but up 26.9% year-over-year.
  • CEO C.C. Wei said the firm expects record earnings this year on robust AI demand.
  • The company is proceeding with a US manufacturing expansion valued at $100 billion under looming tariff uncertainty.