TSMC is heading into the second half of 2026 with momentum that shows no sign of easing, as AI accelerator orders keep its advanced capacity sold out.
Revenue for July reached NT$467.58B, up 44.7 percent from a year earlier and 5.6 percent above the record set in June. Year to date, sales total NT$2.87T through July, a 37 percent climb from the same span of 2025.
The numbers land just ahead of what TSMC says will be another record-setting quarter. After booking $40.20B of second-quarter revenue, the company guides for $44.6B to $45.8B in the third quarter, with gross margin expected to hold between 65 and 67 percent following a 67.7 percent print in the prior period.
Customers including Nvidia, Apple, AMD and Qualcomm rely on TSMC for leading-edge logic, and the foundry’s packaging lines have become a chokepoint for AI systems. Demand has been so strong that capacity, not orders, sets the pace of growth.
TSMC does not break down monthly results by product or customer, so the exact share of AI hardware in July’s gain is unclear. The sustained momentum nonetheless matches the quarterly figures and the aggressive capacity plans of cloud operators betting on continued AI growth.
