TSMC May Revenue Soars 30% to NT$417 Billion, Q2 Forecast $31.4–32.4B
TSM•TSMC reported May revenue of NT$416.98 billion ($13.19 billion), up 30.1% year-over-year and 1.5% month-over-month, lifting first-five-month sales to NT$1.96 trillion. The company reaffirmed its Q2 revenue forecast of $31.4–32.4 billion on sustained AI chip demand, though shares slipped 2% on the news.
1. Record May Sales Fueled by AI Demand
TSMC achieved May revenue of NT$416.98 billion ($13.19 billion), marking a 30.1% year-over-year increase and a 1.5% month-over-month uptick. Strong orders for advanced AI and high-performance semiconductors from major customers such as Nvidia and Apple drove the surge.
2. First-Five-Month Results and Second-Quarter Outlook
Revenue for January through May climbed 30.0% to NT$1.96 trillion versus the prior year period. Management maintained its second-quarter guidance of $31.4 billion to $32.4 billion, citing consistent demand for its leading-edge 3nm and 5nm process technologies.
3. Market Reaction and Capacity Expansion
Despite robust top-line growth, shares dipped 2% in early trading on profit-taking. TSMC also celebrated the first Blackwell AI wafer produced at its Arizona fab, highlighting ongoing capacity expansion to support escalating AI compute requirements.
