TSMC August Revenue Hits Record NT$514.8 Billion, Unprecedented Fab Expansion Still Can't Meet Demand

Cumulative consolidated revenue for TSMC from January to August 2026 was approximately NT$3,386.87 billion, up 39.3% from approximately NT$2,432 billion in the same period of 2025. In absolute terms, revenue for the first eight months increased by more than NT$950 billion compared with the same period last year, a substantial amount. TSMC recently said that even as it builds new fabs at an unprecedented pace, capacity expansion still cannot keep up with demand.

TSMC's latest monthly data showed a sharp year-over-year jump in August revenue, again underscoring the continued strong pull from global AI chip demand on the world's leading foundry.

On September 9, TSMC released its August 2026 revenue report, showing consolidated revenue of approximately NT$514.8 billion for the month, up 53.3% year over year and up 10.1% month over month. The figure extends the company's recent rapid growth momentum and pushes cumulative revenue for the year to date to approximately NT$3.3868 trillion.

The strong monthly data further solidifies TSMC's market position as the core supplier of advanced process technologies globally. The report showed that revenue for the first eight months of this year grew 39.3% compared with the same period last year, indicating that full-year revenue growth is likely to remain at a significant level, and market expectations for its full-year performance are expected to be revised upward accordingly.

August revenue accelerates both month over month and year over year

TSMC's August consolidated revenue was approximately NT$514.8 billion, up about NT$47.1 billion, or 10.1%, from approximately NT$467.6 billion in July; compared with approximately NT$335.8 billion in August 2025, it surged 53.3%.

The simultaneous acceleration in both month-over-month and year-over-year growth shows that demand momentum remained on an upward trend at the end of the third quarter, with no signs of seasonal slowdown.

The report said cumulative consolidated revenue for TSMC from January to August 2026 was approximately NT$3,386.87 billion, up 39.3% from approximately NT$2,432 billion in the same period of 2025.

In absolute terms, revenue for the first eight months increased by more than NT$950 billion compared with the same period last year, a substantial amount. This cumulative growth rate also indicates that the company's full-year revenue trajectory is generally solid, with the acceleration trend since the second quarter extending into the third quarter.

TSMC's unprecedented fab expansion still struggles to meet AI demand

TSMC recently said that even as it builds new fabs at an unprecedented pace, capacity expansion still cannot keep up with demand. The company's deputy co-chief operating officer, Y.C. Hou, said this month that TSMC is currently trying to build and equip about 20 fabs in Taiwan and overseas; by comparison, in the past, even during peak expansion periods, it typically worked on only four or five new fabs at a time.

Hou said the current number is almost four to five times that of the past, and the company is trying hard to catch up but still cannot meet demand. He also said that since the end of last year, the company's demand for chip manufacturing equipment has nearly doubled.

TSMC also needs to invest more capital to purchase upgraded equipment. The company recently reached an agreement with ASML to adopt the Dutch company's High-NA EUV lithography equipment in mass production starting in 2030.