TSMC Reports Record Revenue Surge on AI Demand

Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant revenue surge in the second quarter of 2026, driven by strong demand for artificial intelligence chips. Sales jumped 36% compared to the same period last year, with June sales alone contributing to a 68% increase ahead of the company's earnings report. This marks a record revenue quarter for the chipmaker, reflecting the ongoing momentum in AI spending. TSMC is the world's largest contract chip manufacturer, supplying major tech companies like Apple and Nvidia.