TSMC Q2 Net Profit Surges 77% YoY to Record High

TSMC reported Q2 net profit of 706.56 billion TWD (approximately 32.59 trillion KRW), a 77.4% increase from the same period last year and significantly above the market estimate of 632.6 billion TWD. The results mark a record high for the company on a quarterly basis and represent the ninth consecutive quarter of double-digit profit growth. TSMC, the world's largest foundry (semiconductor contract manufacturing) company, achieved this performance driven by strong demand across its business segments.

TSMC Reports Record Q2 Revenue Growth

TSMC's Q2 consolidated revenue reached 1.27038 trillion TWD (approximately 58.58 trillion KRW), representing a 36% increase compared to the same period last year. Revenue grew 12% compared to the previous quarter, while net profit increased 23.4% compared to Q1.

In US dollar terms, revenue totaled $40.2 billion, up 33.7% year-over-year and 12% quarter-over-quarter. The company announced these figures on July 16 (local time).

TSMC Stock Closes Higher Following Earnings Release

TSMC's stock price closed at 2,470.00 TWD, up 1.23% from the previous trading day. The stock movement followed the company's earnings announcement on the same day.

FAQ

What was TSMC's Q2 net profit?

TSMC's Q2 net profit was 706.56 billion TWD (approximately 32.59 trillion KRW), representing a 77.4% increase from the same period last year and exceeding the market estimate of 632.6 billion TWD.

How much revenue did TSMC generate in Q2?

TSMC generated consolidated revenue of 1.27038 trillion TWD (approximately 58.58 trillion KRW) in Q2, a 36% increase compared to the same period last year. In US dollar terms, revenue was $40.2 billion, up 33.7% year-over-year.