Media reports anticipate TSMC's Q2 net profit to reach NT$632.6 billion ($19.6B), marking its tenth consecutive quarter of growth, with gross margin potentially exceeding 68% and operating margin hitting a new high. The company is expected to raise its 2024-2029 AI semiconductor revenue CAGR forecast to 70-80% from the current mid-to-high 50% range, reflecting robust long-term demand. Q3 revenue is projected to increase by 9-12% quarter-over-quarter in USD terms, with some estimates reaching 15%.
TSMC's anticipated Q2 results and significantly raised AI revenue growth forecast confirm sustained, aggressive demand for advanced AI chips, tightening leading-edge foundry capacity.