TSMC reports record revenue of NT$417 billion

Taiwan Semiconductor Manufacturing Co (TSMC) reported record revenue of NT$416.975 billion (US$13.17 billion) for May, exceeding March’s previous high of NT$415.19 billion. The figure reflects a 1.5% month-over-month increase and a 30.1% rise compared to the same period last year, reinforcing TSMC’s position as the world’s largest contract chipmaker. For the first five months of 2026, TSMC generated NT$1.96 trillion in revenue, a 30% year-on-year increase. The company forecasts second-quarter revenue between US$39 billion and US$40.2 billion, representing sequential growth of about 10% and year-on-year growth of 32%. With May’s revenue already accounting for nearly half of the quarterly target, analysts suggest TSMC is on track to exceed its quarterly record of NT$1.23 trillion. TSMC attributes its strong performance to surging demand for artificial intelligence and advanced computing requirements. CEO C.C. Wei noted that while demand for chips manufactured with leading-edge processes remains robust, global supply will fall short of demand for years. TSMC’s market capitalization has more than doubled over the past year, reaching US$1.427 trillion as of March 31. This growth propelled the company to ninth place among the world’s 100 most valuable firms, according to PwC Taiwan, making it the fastest-growing in the global top 10. TSMC remains the only Taiwanese company in the top 10, highlighting its dominance in the semiconductor industry.