Taiwan Semiconductor Manufacturing Company (TSMC) is set to announce its Q2 earnings. According to FactSet, analysts anticipate a significant 53% rise in net profit, reaching a record NT$3794.15 billion (approximately $12.91 billion USD), compared to NT$2478.45 billion a year earlier. Revenue is projected to have increased by 39% to NT$933.8 billion (about $31.77 billion USD), surpassing its guidance range of $28.4 billion to $29.2 billion USD.
TSMC’s strong performance in the first half of the year suggests it could achieve around 20% revenue growth by 2025. However, Citibank cautions that the company may not raise its guidance due to uncertainties around U.S. tariffs. Analysts recommend investors focus on the demand for TSMC’s advanced processes and the visibility of AI orders over the next two to three years.
