Quick Read – TSM posted a record $40B quarter, beating earnings estimates by 11% as AI accelerator demand drove revenue 36% higher year over year. – The 2nm node debuted at just 3% of wafer revenue, meaning the biggest leg of TSM’s margin-expansion cycle has barely started. -…
nagement raised TSM’s full-year 2026 growth outlook to above 40% and guided Q3 revenue to as much as $45.8B. $40.20 billion in second-quarter revenue is the figure Taiwan Semiconductor Manufacturing (NYSE:TSM) disclosed in its 6-K filing on July 16, 2026, a record top line for the world’s largest contract chipmaker. Revenue climbed 36.0% year over year, and diluted ADR earnings landed at $4.31, beating the $3.89 consensus by 10.89%
This is reported revenue, not guidance. What It Means The scale here reflects a business that has become the utility layer of the AI hardware buildout. Advanced process technologies at 7nm and below accounted for 77% of total wafer revenue, with 5nm at 33% and 3nm at 30%.
High-performance computing represented 66% of TSM revenue, the direct read-through from insatiable AI accelerator orders. Gross margin came in at 67.7%, the top of guidance and up 9.1 percentage points year over year. Wafer shipments rose 16.6% to 4,336 thousand 12-inch equivalents, meaning most of the revenue lift came from mix and pricing rather than pure volume.