Key insights
- TSMC reported strong May revenue growth, up 30.1% year-over-year, indicating robust demand in the semiconductor sector. While the company also disclosed details on lending, guarantees, and derivative transactions, the primary market signal is the significant revenue increase. This suggests continued strength in chip manufacturing, a key component of the technology sector, which could positively influence related US equities.
Taiwan Semiconductor Manufacturing Co. (TWSE:2330, NYSE:TSM) reported Wednesday that its consolidated net revenue for May 2026 reached NT$416.98 billion, up 1.5% from April 2026 and 30.1% higher than May 2025. For the period from January through May 2026, total revenue was NT$1,961.80 billion, marking a 30.0% increase compared to the same period in 2025. The information is based on a press release statement filed with the U.S. Securities and Exchange Commission.
TSMC also disclosed details regarding funds lent to other parties, endorsements and guarantees, and financial derivative transactions for May 2026. The company reported that TSMC Development, a wholly-owned subsidiary, had an outstanding loan of NT$2,821.95 million to TSMC Washington.
On endorsements and guarantees, TSMC provided guarantees to its wholly-owned subsidiaries as follows: NT$2,609.15 million to TSMC North America, NT$169,317 million to TSMC Global, and NT$342,662.12 million to TSMC Arizona.
Regarding financial derivatives not applying hedge accounting, TSMC reported an outstanding notional amount of NT$211,234.35 million for forward contracts, with a mark-to-market value of NT$722.51 million and a cumulative unrealized profit of NT$3,737.71 million. The cumulative realized loss for expired contracts was NT$4,296.56 million. TSMC China and TSMC Nanjing also reported forward contracts with outstanding notional amounts of NT$1,387.24 million and NT$3,406.12 million, respectively.
For derivatives applying hedge accounting, TSMC Global reported a future contract outstanding notional amount of NT$319.82 million and a mark-to-market loss of NT$3.14 million.
The company stated that none of the reported derivative contracts were equity price linked products.
All figures are presented in New Taiwan dollars as reported in the SEC filing.
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