TSMC Expected to Raise Full-Year Revenue Outlook to 40% on AI Chip Demand
TSMC is expected to raise its full-year revenue growth outlook when it reports second-quarter earnings on July 16. Media reports indicate the chip foundry plans to increase its 2026 guidance from over 30% to near 40%, though other coverage suggests a more modest increase to the 34%-36% range.
The anticipated lift underscores sustained demand for artificial intelligence processors, with clients including Nvidia Corp, Advanced Micro Devices Inc, and Apple Inc continuing to place strong orders. The variance in revenue projections reflects market uncertainty over whether AI chip demand is currently tracking steeply enough for the company to upgrade its quarterly guidance alongside the annual forecast.
From the sources (2 posts)
@dnystedtTSMC is expected to raise its full-year revenue outlook to near 40% growth (in US$), up from “over-30%” now, when it reports 2nd quarter earnings on July 16, media report, adding the chip foundry giant continues to see strong orders from cl
@dnystedtNote: The 40% figure ... if TSMC's revenue were tracking that well, it would have raised quarterly guidance. Other papers say TSMC is expected to raise to 34%-36%, which would be great.