Taiwan Semiconductor Manufacturing Company (TSMC) posted strong second-quarter results, reporting year-on-year growth of over 60% in net income and earnings per share, as demand for AI and high-performance computing (HPC) continued to drive uptake of its advanced process nodes.
The company recorded consolidated revenue of NT$933.79 billion for the quarter ended 30th June 2025, up 38.6% from the same period last year. In US dollar terms, revenue stood at $30.07 billion, marking a 44.4% year-on-year increase and a 17.8% rise from Q1 2025.
Quarter-on-quarter, the company reported an 11.3% increase in revenue and a 10.2% rise in net income.
Gross margin reached 58.6%, operating margin stood at 49.6%, and net profit margin was 42.7%.
Advanced nodes remained central to TSMC’s revenue mix. Shipments of 3-nanometre wafers accounted for 24% of total wafer revenue, 5-nanometre for 36%, and 7-nanometre for 14%, with all advanced nodes contributing 74% of wafer revenue.
Wendell Huang, Senior Vice President and Chief Financial Officer at TSMC, commented: “Our business in the second quarter was supported by continued robust AI and HPC-related demand. Moving into third quarter 2025, we expect our business to be supported by strong demand for our leading-edge process technologies.”
Looking ahead, the company projected Q3 2025 revenue between $31.8 billion and $33.0 billion, assuming an exchange rate of NT$29.0 to the US dollar. TSMC also forecast a gross profit margin between 55.5% and 57.5%, and an operating margin of between 45.5% and 47.5%.
TSMC’s performance highlights its continued strength in advanced semiconductors amid a global acceleration in AI deployment and data-intensive computing applications.
