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AI chip demand drives TSMC July revenue 44.7% higher, outpacing full-year target

8/10/2026

A global spending cycle on artificial intelligence infrastructure is showing few signs of deceleration. Taiwan Semiconductor Manufacturing Co.

posted July 2026 revenue of NT$467.58 billion ($14.5 billion), a 44.7% year-on-year gain that has pushed the company ahead of its own raised full-year growth target.

A result that outpaces guidance TSMC raised its full-year outlook after second-quarter earnings last month, guiding for revenue growth of slightly above 40% in U.S.

The July figure confirms that pace is running well ahead of schedule.

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