Earnings call transcript: TSMC lifts 2026 outlook as AI demand stays hot in Q2 2026 By Investing.com

In an earnings-call report, TSMC said second-quarter revenue rose to $40.2 billion, landing at the top end of its guidance and slightly above the $39.94 billion analyst forecast. The company reported gross margin of 67.7%, also above expectations. TSMC lifted its full-year 2026 revenue-growth outlook to slightly above 40% in U.S. dollar terms and reiterated strong demand for advanced semiconductors, particularly from AI customers. It also increased its capital-spending guidance to TWD 60 billion–TWD 64 billion (around $18.75 billion–$20 billion). While shares closed the regular session at $419.48, the stock fell 1.55% to $412.99 in after-hours trading. Operationally, it cited operating cash flow of TWD 783 billion, cash and marketable securities of TWD 3.5 trillion (~$110 billion), and Q3 revenue guidance of $44.6–$45.8 billion with gross margin guidance of 65%–67%.