TSMC posts blowout $39 billion quarter, raising the same old AI question: is this sustainable?
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Bottom line: TSMC delivered another strong quarter, offering a clear signal that demand for AI chips remains high. The company reported revenue of NT$1.27 trillion, or about $39.6 billion, for the June quarter, up 36% from a year earlier and in line with analyst expectations. The gains were driven in part by a sharp surge in June revenue, which jumped 68%. That late-quarter spike suggests that orders tied to AI infrastructure are accelerating, particularly among customers expanding their data center capacity.
TSMC sits at the center of that buildout. The company manufactures many of the world's most advanced chips used in AI data centers, including processors designed by Nvidia and Apple. As tech companies race to expand their data center capacity, demand for those chips has remained robust.
The broader AI spending wave...
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