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TSMC (2330 TT) Q2 (TWD): Net Profit 706.6bln (exp. 632.6bln), Revenue 1.27tln (prev. 933.8bln Y/Y), Gross Margin 67.7%, +9.1% Y/Y

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TSMC's Q2 earnings significantly beat expectations, driven by 20% growth in HPC revenue despite a 4% decline in smartphones. Record margins reflect strong pricing power amid persistent AI chip supply constraints.

News detail

Q2 revenue from high-performance computing +20% Q/Q. Q2 revenue from smartphones -4% Q/Q.

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