TSMC Soars 4.18% on 30% Revenue Growth Forecast

On July 17, 2025, TSMC's stock surged by 4.18% in pre-market trading, reflecting strong investor confidence in the company's growth prospects.

During a recent earnings call, TSMC raised its full-year revenue growth forecast to 30%, aligning with market expectations. The company's chairman and CEO, C.C. Wei, emphasized that there have been no changes in customer behavior, and TSMC continues to support the robust demand for AI-driven technologies. Wei also highlighted TSMC's strategic expansion in the U.S., particularly in Arizona, where the company aims to establish a comprehensive advanced wafer fabrication ecosystem. This move is part of TSMC's broader strategy to support the U.S. semiconductor industry and meet growing customer needs.

TSMC's third-quarter revenue is projected to range between $31.8 billion and $33 billion, with an average estimate of $32.4 billion, representing an 8% quarter-over-quarter increase. The company reaffirmed its capital expenditure plans for the year, maintaining a range of $38 billion to $42 billion. As of the second quarter, TSMC's capital spending totaled $196.9 billion for the first half of the year.

TSMC's second-quarter revenue reached NT$933.79 billion, marking an 11.3% quarter-over-quarter increase and a 38.6% year-over-year growth. The company's net income for the quarter was approximately NT$398.27 billion, with earnings per share at NT$15.36. In U.S. dollar terms, TSMC's second-quarter revenue was $30.07 billion, reflecting a 44.4% year-over-year increase and a 17.8% quarter-over-quarter growth.