TSMC Beats Q2 Estimates, Raises Guidance

tengyanAI · x · 2026-07-16

TSMC's Q2 revenue hit $40.2 billion, landing at the high end of its guidance, while the gross margin reached 67.7%, also beating expectations.

More crucially, its Q3 guidance is set at $44.6-$45.8 billion, representing a sequential growth of about 12%. Based on this, the author concludes that AI demand is still accelerating in the second half of the year.

Related event: TSMC Q2 Beat Raises AI Outlook and Capex Debate(13 posts)→

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