TSMC's second-quarter net profit jumps 77% to a record NT$706 billion

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, released its full second-quarter 2026 financial results on Thursday, 16 July 2026. Net profit jumped about 77% year-on-year to a record NT$706.6 billion (roughly $22 billion), far exceeding analysts' NT$632.6 billion estimate (based on LSEG data). It was the company's fifth consecutive record-profit quarter.

Second-quarter revenue had already been reported at a record NT$1.27 trillion (about $39.6 billion), up 36% from NT$933.79 billion a year earlier. The main driver was robust global demand for the AI chips TSMC manufactures for giants such as Nvidia, Apple and Broadcom.

Management had earlier raised its 2026 revenue-growth outlook to above 30% in US dollar terms and set this year's capital budget at a record $52 billion to $56 billion. As the maker of the world's most advanced chips, TSMC's performance is treated as a barometer of technology-sector demand and AI investment.