TSMC's Revenue Grew 33% Last Quarter. Here's Why Investors Should Be More Excited About What's Coming Next.
Things are good at TSMC and will only get better.
Overview
Taiwan Semiconductor Manufacturing (NYSE:TSM) reported second-quarter earnings on Thursday, again demonstrating the dominance of the globe’s leading foundry. Revenues were up 33% from a year ago to $40.2 billion.
But I think investors should be even more excited about the future -- TSMC, as it’s known, projected that its revenue growth will accelerate in the third quarter. Management’s guidance forecasts revenue between $44.6 billion and $45.8 billion in the third quarter. At the midpoint of that range, that would represent 37% growth over the $31.1 billion TSMC recorded in the third quarter of 2025.
Details
And full-year revenue would increase by 40% from a year ago, management said.
Source
Originally published at www.fool.com.