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AI Stocks & MarketsAI Business & IndustryDIGITIMES AsiaPublished: Jul 16, 2026, 19:01 JST

TSMC lifts 2026 revenue growth forecast above 40% on AI chip demand

TSMC lifts 2026 revenue growth forecast above 40% on AI chip demand

TSMC chairman C.C. Wei announced during the company's July 16 earnings conference that the chipmaker expects 2026 revenue growth above 40%, driven by strong demand for advanced process technologies from cloud companies. The company's 2nm process has entered volume production and is progressing smoothly.

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