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TSMC second-quarter sales rise 38.6% y/y, beat forecasts

companies :: 2025-07-10 :: source - reuters

By Reuters

(TSMC) logo is pictured at its headquarters, in Hsinchu, Taiwan. REUTERS

(Reuters) -TSMC(2330.TW), the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence applications.

Revenue for April-June came in at T$933.8 billion ($31.9 billion), according to Reuters calculations, rising 38.6% from T$673.51 billion in the year ago period.

The latest result topped an LSEG SmartEstimate of T$927.831 billion drawn from 21 analysts, and was also better than the guidance of $28.4 billion to $29.2 billion issued by TSMC in April.

TSMC will report full second-quarter earnings on July 17, including an outlook for the current quarter and full year.

The company, whose customers include Nvidia(NVDA.O), has been a major beneficiary of advances in AI.

(Reporting by Faith Hung and Wen-Yee Lee; Editing by Kim Coghill and Jamie Freed)


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