New Delhi, July 13 -- TAIPEI - The world's most important chipmaker grew faster in a single month than most analysts had projected for its entire quarter. TSMC's June 2026 revenue reached NT$398.27 billion, up 67.9 percent year over year, pushing the company's second-quarter total to NT$1.27 trillion and clearing the NT$1.264 trillion consensus that had been the market's benchmark for the period. First-half 2026 revenue closed at NT$2.4 trillion, up 35.6 percent from the first half of 2025.

The acceleration from May to June is the number that demands explanation. TSMC's May revenue grew 30.1 percent year over year, a figure that prompted some analyst commentary suggesting the AI investment cycle was moderating. June's 67.9 percent answer...