TSMC Reports 33% Revenue Growth in Q2 with Strong Guidance for Future
Taiwan Semiconductor Manufacturing (NYSE:TSM) reported a 33% year-over-year revenue increase to $40.2 billion in the second quarter of 2026, driven by strong demand for advanced chips and its leading foundry capabilities. Management expects continued growth with Q3 guidance projecting between $44.6 billion and $45.8 billion, representing a potential acceleration to 37% year-over-year revenue growth.