A maker of the tiny chips that power the world's smartphones, computers, and game consoles, TSMC is the world's largest independent semiconductor foundry. It manufactures the processors that companies like Apple and Nvidia design — the A-series chips inside iPhones and Nvidia's graphics processors. Founded in 1987 by Morris Chang, TSMC pioneered the 'pure-play foundry' model, with its first factory on the campus of Taiwan's Industrial Technology Research Institute.
TSMC board approves Q2 2026 results, NT$7.0 dividend, US$29.4B capex, and Sony JV
Q2 2026 consolidated revenue was NT$1,270.38 billion, net income NT$706.56 billion, diluted EPS NT$27.25.
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Board approved NT$7.0 per share cash dividend for Q2 2026; record date Dec 16, 2026, ex-dividend Dec 10, 2026, payment Jan 7, 2027.
Foreign shareholders may now elect to receive cash dividends in U.S. dollars starting with this distribution.
Capital appropriations of approximately US$29,442.50 million approved for advanced technology, packaging, and fab construction.
Board approved forming a joint venture with Sony Semiconductor Solutions for next-generation image sensors, with TSMC subscribing up to 282 billion Japanese yen.
Six-month 2026 results: net sales NT$2,404.48 billion, net income NT$1,279.58 billion, basic EPS NT$49.33.
Sony and TSMC sign definitive agreement to form image sensor JV in Japan
Sony Semiconductor Solutions and TSMC executed a binding agreement to establish Advanced Vision Semiconductor Manufacturing Corporation in Koshi City, Kumamoto Prefecture, Japan.
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The JV will develop and manufacture image sensors for smartphones using advanced process technology, with volume production expected to begin in 2029.
Sony will be the sole controlling shareholder and plans to contribute about 465 billion yen via cash and asset transfer; TSMC will contribute about 282 billion yen in cash.
Capital contributions will be phased based on market demand, and additional investments may receive support from the Japanese government.
The transaction is subject to regulatory approvals and customary closing conditions.
TSMC reports July 2026 revenue of NT$467.58 billion, up 44.7% year-over-year
Cumulative revenue for January through July 2026 totaled NT$2,872.06 billion, up 37.0% from the same period in 2025.
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July 2026 net revenue was approximately NT$467.58 billion, a 5.6% increase from June 2026 and a 44.7% increase from July 2025.
TSMC disclosed funds lent to other parties, with TSMC Development lending NT$2.92 billion outstanding to TSMC Washington.
TSMC provided guarantees to subsidiaries: TSMC North America (NT$2.70 billion), TSMC Global (NT$175.33 billion), and TSMC Arizona (NT$355.99 billion) outstanding.
Financial derivative transactions included forwards and futures, with TSMC's outstanding notional amount of NT$230.72 billion and a mark-to-market loss of NT$2.65 billion.
TSMC June 2026 revenue up 67.9% YoY to NT$442.68 billion
First-half 2026 revenue totaled NT$2,404.48 billion, a 35.6% increase year-over-year.
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June 2026 net revenue was approximately NT$442.68 billion, up 6.2% from May 2026 and up 67.9% from June 2025.
TSMC reported funds lent to other parties: TSMC Development lent NT$2.87 billion outstanding to TSMC Washington.
Outstanding endorsements and guarantees included NT$2.66 billion for TSMC North America, NT$172.36 billion for TSMC Global, and NT$349.22 billion for TSMC Arizona.
Financial derivative transactions showed outstanding notional amounts of NT$201.32 billion (TSMC) and smaller positions at subsidiaries, with cumulative realized losses of NT$4.43 billion for TSMC.