TSMC May Revenue Exceeds NT$410 Billion, AI Demand Remains Strong

Revenue Remains Above NT$400 Billion Mark, AI Shipment Momentum Shows No Sign of Cooling

TSMC announced its revenue report for May 2026. Consolidated revenue for May 2026 was approximately NT$416.975 billion, up 1.5% month-on-month and 30.1% year-on-year. Cumulative revenue from January to May reached approximately NT$19.618 trillion, with an increase of 30.0% compared to the same period last year.

Institutional investors noted that TSMC's revenue remained high in May, indicating that the momentum of AI supply chain shipments has not significantly cooled. In particular, demand for NVIDIA's Blackwell and Rubin platforms, AMD's high-end AI accelerators, custom ASIC chips from US-based cloud service providers (CSPs), and component stocking for new Apple products are all progressing simultaneously, continuing to drive capacity utilization rates for 3nm, 5nm, and advanced packaging technologies.

Strong AI Demand Extends Operational Visibility

TSMC CEO, Dr. C.C. Wei, recently struck an optimistic tone at the company's shareholders' meeting, stating that AI demand remains very strong and that the company will do its utmost to avoid becoming a bottleneck in the semiconductor supply chain. The market generally believes that with its leading process technology, advanced packaging capabilities, and the security of long-term large orders, TSMC's outlook in the AI computing race is quite clear.

Looking at performance figures, TSMC's combined revenue for April and May has already exceeded NT$820 billion. If the current momentum can be maintained, overall performance in the second quarter is expected to reach or even exceed the company's previous guidance. Looking ahead to the second half of the year, with the ramp-up of new AI server platforms, shipments of high-end new smartphones, and the gradual revenue contribution from 2nm process technology, TSMC's revenue growth momentum for the third quarter remains ample.

Amid the continued surge in global chip demand, TSMC Vice President, Finance and Chief Financial Officer, Wendell Huang, stated that due to inflationary pressures, TSMC does not rule out future price increases, but will not resort to sudden hikes of four or five times at once. He emphasized that TSMC's pricing reflects its own value, namely its technological leadership and manufacturing excellence.