TSMC posts record June revenue, up 68% and past its own Q2 guidance

TSMC's June revenue hit NT$442.68 billion ($13.2 billion), up 67.9% year-over-year and its best month on record, pushing Q2 above the top of the company's own $39-40.2 billion guidance. The read is clean: AI chip demand is still accelerating, not plateauing, heading into TSMC's July 16 earnings call and setting the pace for the whole foundry supply chain.

Source: pr.tsmc.com ↗