Taiwan Semiconductor Manufacturing Co. (TSMC) announced a significant 36% year-over-year surge in its June sales, reaching NT$437.3 billion, which translates to approximately $13.4 billion. This robust growth indicates continued strong global demand for the advanced chips essential to artificial intelligence development.
The combined sales for April, May, and June saw an increase of around 33% compared to the previous year, with total revenue for the second quarter estimated at $22.84 billion. This performance aligns with analyst expectations, which had projected a 35% increase in second-quarter sales and quarterly revenue of approximately $4 billion per unit.
Analysts are broadly optimistic about TSMC's future, anticipating that its CoWoS (Chip-on-Wafer-on-Substrate) packaging capacity will remain extremely tight and sold out through 2028 due to sustained AI spending. The company had previously raised its 2026 revenue outlook to over 30% growth, up from earlier guidance, and projected capital spending toward the higher end of a $56 billion forecast range, signaling confidence in the AI market's resilience despite broader economic concerns.
TSMC's May sales alone had jumped 30%. While the January and February sales also grew by 30%, this trailed the 33% increase analysts had projected for the first quarter of 2026, partly due to a crunch in memory chip availability. However, the latest June figures confirm an accelerated momentum, with the company shifting capacity to meet the high-end chip demands from major players like Nvidia Corp. and Advanced Micro Devices Inc. for data centers.
