World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand

Taiwan Semiconductor Manufacturing Co. on Monday reported a big sales jump for July, as demand for its artificial intelligence-related chips continued to strengthen.

TSMC, the world’s biggest chip manufacturer, reported revenue for July of 467.58 billion New Taiwan dollars ($14.5 billion), up 44.7% year on year.

Investors are closely scrutinizing Big Tech spending and return on investment, as the sector continues to funnel unprecedented amounts of capital into building out AI infrastructure, including designing and buying semiconductors.

TSMC does not provide commentary on its monthly revenue figures. But the company’s second-quarter earnings reported last month showed that high-performance computing, which is where TSMC books AI chip sales, accounted for 66% of revenue.

The company struck a bullish tone during its earnings report and said it expects 2026 revenue to increase by slightly above 40% in U.S. dollar terms. TSMC also raised its capital expenditure projection to between $60 billion and $64 billion for this year.