The chip foundry giant is on pace for its second-quarter revenue target.

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Taiwan Semiconductor (TSM) rides tech sector relief rally as traders rotate capital back into high-growth AI and semiconductor names.

TSMC plans gradual chip price increases of up to 15% on 3nm wafers amid surging AI demand, with potential downstream effects on crypto mining hardware

TSMC CEO signals 5-15% price hikes on advanced chips amid rising costs and AI demand, with implications for semiconductor stocks and Bitcoin mining

TSMC posted a 30% year-over-year revenue increase in early 2026, driven by surging AI infrastructure demand and high-performance computing chip orders.

The chip foundry giant is on pace for its second-quarter revenue target.

TSMC posted $13.2 billion in May 2026 revenue, up 30.1% YoY, driven by AI chip demand that could squeeze crypto mining hardware access.

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Despite TSMC having ramped up its 3nm monthly capacity to 160,000–175,000 wafers in the second quarter, it still cannot fully meet strong customer demand