TAIPEI (Taiwan News) — TSMC posted NT$263.71 billion (US$9.02 billion) in revenue for June on Thursday, its second-lowest this year.

Despite the soft June figure, TSMC’s Q2 revenue hit an all-time high of NT$933.79 billion, up 11.26% from Q1, per CNA. That growth fell slightly short of expectations due to Taiwan dollar appreciation, which offset gains measured in US dollars.

The company had forecast second-quarter revenue between NT$830 billion and NT$853 billion, citing strong demand for its 3 nm and 5 nm technologies.

Revenue in the first half of the year reached NT$1.77 trillion, a 40% increase from the same period last year. TSMC’s 3 nm node, used in next-generation AI and smartphone chips, has been a key growth driver.

At its June shareholders’ meeting, Chair and CEO C.C. Wei (魏哲家) said that while tariff policies remain a concern, TSMC has not observed any shift in customer orders. He reaffirmed the company’s outlook this year for US dollar revenue growth of 24% to 26%.

Wei added that TSMC expects to outpace growth in the broader semiconductor manufacturing ecosystem, which includes foundry, packaging, and testing.