TSMC's Net Income Soars 60.7% on Strong Quarter

TSMC reported consolidated revenue of NT$933.79 billion for the second quarter ended June 30, 2025, marking a 38.6% increase year-over-year. Net income reached NT$398.27 billion, representing a substantial 60.7% increase compared to the same period last year. Diluted earnings per share (EPS) were NT$15.36. In US dollars, second-quarter revenue was $30.07 billion, up 44.4% year-over-year. The company's revenue beat the analyst estimate of $28.498 billion, while its EPS of $2.47 per ADR unit also surpassed the analyst estimate of $2.13.

Advanced Technologies Drive Performance

Shipments of advanced technologies significantly contributed to the company's wafer revenue during the quarter. 3-nanometer technology accounted for 24% of total wafer revenue, 5-nanometer for 36%, and 7-nanometer for 14%. Collectively, advanced technologies (defined as 7-nanometer and more advanced) comprised 74% of total wafer revenue, underscoring their importance to the company's financial results.

Management Outlook

Wendell Huang, Senior VP and Chief Financial Officer of TSMC, stated that the company's second-quarter business was bolstered by continued robust AI and high-performance computing (HPC)-related demand. Looking ahead to the third quarter of 2025, management anticipates strong demand for its leading-edge process technologies to support business growth. Revenue for the third quarter of 2025 is projected to be between US$31.8 billion and US$33.0 billion.