Taiwan Semiconductor (TSM) Stock: July Revenue Hits Record $14.5 Billion on AI Chip Demand
TLDR
- TSMC reported July revenue of NT$467.58 billion ($14.5 billion), up 44.7% year-over-year
- First seven months of 2026 revenue reached NT$2.87 trillion, up 37% from the same period last year
- Q2 net profit jumped 77% year-over-year to $22 billion, beating Wall Street expectations
- Needham analyst raised price target to $530, maintaining a Buy rating
- TSM stock is up 38.8% year-to-date; average analyst price target implies ~25% upside
TSMC posted record July revenue of NT$467.58 billion ($14.5 billion), a 44.7% jump from the same month last year and a 5.6% rise from June. The numbers landed on August 10, 2026, and confirm that demand for advanced chips is still running hot.
Taiwan Semiconductor Manufacturing Company Limited, TSM
For the first seven months of 2026, TSMCโs total revenue hit NT$2.87 trillion, up 37% from the same period in 2025. That kind of consistency is hard to argue with.
The July figures follow an already strong Q2. TSMC generated $40.2 billion in second-quarter revenue, up from $30.07 billion a year earlier. Net profit came in at NT$706.6 billion ($22 billion), a 77% year-over-year increase that cleared analyst estimates with room to spare.
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