TSMC's Q2 Net Profit Surges 77.4% to Record High

Taiwan-based semiconductor manufacturer TSMC reported a 77.4% year-on-year increase in net profit for the second quarter of 2026, reaching NT$706.56 billion. This marks the highest quarterly net profit in the company's history. The company's revenue for the same period reached $40.2 billion, with a gross margin of 67.7%. Advanced chip technologies accounted for 77% of total revenue, significantly contributing to growth. TSMC's strong performance was supported by a recovery in global chip sales and robust demand for artificial intelligence applications. The company increased capacity utilization, particularly in advanced manufacturing processes such as 3-nanometer and 5-nanometer nodes. Analysts note that TSMC's record profit this quarter aligns with signs of recovery in the technology sector. The company is expected to sustain growth in the coming period, driven by demand for AI chips and high-performance computing. This is not investment advice.