TSMC reported its revenue for July, indicating that the company continues to increase its output capacity, customer commitments, and business execution. TSMC's July revenue stood at NT$467.58 billion, or about $14.49 billion at the time of writing. This marks a 5.6% increase from June's revenue of $13.75 billion and a significant 44.7% year-over-year growth. This suggests that TSMC nearly doubled its July revenue in an environment where it was already selling all its available wafer capacity, indicating rising demand from customers, increasing commitments, and a sustained AI expansion boom.
Revenue for the period from January through July 2026 totaled NT$2,872.06 billion, or about $89.03 billion, representing a remarkable 37.0% increase compared to the same period in 2025. In June, TSMC successfully began high-volume manufacturing of the N2 process. Currently, the N2 node accounts for only 3% of TSMC's revenue, while the 3 nm node contributes 30%, and the 5 nm node leads with 33%. TSMC's fabs currently produce about 20,000 wafers per month on the latest 2 nm N2 node. However, the company is rapidly scaling its high-volume manufacturing, aiming to produce about 100,000 N2 wafers per month by the end of 2026. This scaling up is driving revenue growth. Even with projected increases in N3 and N5 consumption, increasing revenue fivefold would mean the N2 node would represent more than 10% of the company's overall revenue share. Since N2 wafers are naturally more expensive, revenue growth for TSMC has only just begun.