TSMC reports 45% rise in monthly sales amid AI demand

TSMC just posted numbers that would make most companies blush. The Taiwanese semiconductor giant is reporting roughly 45% year-over-year growth in its July 2026 monthly sales, continuing a streak that has turned the chipmaker into the most critical link in the global AI supply chain. The July figure follows an even more eye-popping June, when TSMC logged consolidated revenue of NT$442.68 billion. That’s a 67.9% year-over-year surge and a 6.2% bump from the prior month. The numbers behind the AI boom TSMC’s first half of 2026 tells a story of relentless acceleration. Total revenue for the six-month period hit NT$2.404 trillion, up 35.6% compared to the same stretch last year. That momentum prompted management to revise guidance upward. TSMC now expects full-year 2026 revenue growth to land slightly above 40% in US dollar terms. The previous forecast had called for growth exceeding 30%. Capital expenditure guidance got a matching upgrade. TSMC raised its spending plan to between $60B and $64B for the year. Who’s driving the demand The client roster reads like a who’s who of tech’s biggest spenders. NVIDIA, Apple, Meta, and Alphabet all rely on TSMC to manufacture the advanced semicon...