Taiwan Semiconductor Manufacturing Co., which has seen a recent executive shakeup at its Arizona operations amid its record-setting $165 billion investment in its growing chip factory campus in north Phoenix, has reported sales that exceeded Wall Street expectations as it rides a wave of customer interest in AI processors.
Ahead of its detailed second quarter earnings release set for July 17, TSMC (TSM: NYSE) said Thursday in a regulatory filing that it had monthly June sales of $9 billion, up nearly 27% from the year-earlier period, but down 17% from May.
Through the first six months of 2025, TSMC reported sales of $60.5 billion, a 40% gain from the comparable period a year earlier. Barron’s reported that monthly totals for TSMC’s second quarter added up to $31.93 billion, slightly ahead of analysts’ estimates, up 39% from a year earlier and slightly cooler than the 42% year-over-year growth in Q1.
TSMC has taken on a role as the gorilla in the room when it comes to high-end artificial intelligence-focused chip manufacturing, amid Intel Corp.’s continued technology retooling and layoffs.
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.
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