Key Points
Taiwan Semiconductor Manufacturing (NYSE: TSM) reported record revenue of NT$467.58 billion for July 2026, marking a 44.7% increase from the previous year and a 5.6% rise from June. For the first seven months of 2026, the company’s revenue is up 37% year-over-year.
The stock closed on Monday at $418.47, approximately 13% below its 52-week high of $479, with a market valuation near $1.9 trillion. TSMC’s management has raised its third-quarter revenue guidance to between $44.6 billion and $45.8 billion, about 12% higher than the previous quarter, and has adjusted its full-year revenue growth outlook to slightly above 40% in dollar terms.
TSMC’s performance serves as an indicator for major tech players like Nvidia and Apple, as it manufactures chips for many big technology companies. The company’s outlook includes capital spending updates, increasing the budget to $60 billion to $64 billion for 2026, reflecting strong demand in the semiconductor space.
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