Quick Summary
- Taiwan Semiconductor posted May 2026 revenue of NT$416.98 billion ($13.19 billion), marking a 30.1% year-over-year increase
- Monthly revenue climbed 1.5% compared to April, powered by robust AI chip orders
- Year-to-date revenue through May 2026 reached NT$1.96 trillion, representing a 30% annual gain
- TSM stock declined approximately 2.2% in Taiwan trading despite the impressive figures
- Company insiders executed net sales totaling $14 million in the last three months
Taiwan Semiconductor Manufacturing (TSM) delivered May 2026 revenue of NT$416.98 billion, translating to approximately $13.19 billion. This represents a substantial 30.1% increase compared to the same period last year and a modest 1.5% gain over April’s results.
Taiwan Semiconductor Manufacturing Company Limited, TSM
The primary catalyst behind these impressive figures remains the surging demand for artificial intelligence chips. As the dominant manufacturing partner for industry giants like Nvidia and Apple, TSMC sits at the center of the AI semiconductor revolution.
For the first five months of 2026, the chipmaker accumulated NT$1.96 trillion in total revenue—a 30.0% surge versus the comparable 2025 timeframe.
Interestingly, TSM stock slipped roughly 2.2% during Wednesday’s trading session in Taiwan. Market analysts attribute this decline primarily to profit-taking following an extended period of gains.
TSMC had previously issued second-quarter revenue guidance ranging from $31.4 billion to $32.4 billion in April. The May performance suggests the company is comfortably positioned to meet or exceed this target.
Examining Current Valuation Metrics
The stock currently trades at a P/E ratio of 35.55x, representing a premium relative to its historical trading range. This elevated multiple reflects investor expectations for sustained growth trajectory.
According to GuruFocus, TSMC earns an impressive GF Score of 94 out of 100. The company achieves perfect 10/10 ratings in both profitability and growth categories, while scoring 9/10 for financial strength. These metrics paint a picture of exceptional corporate health.
TSMC maintains approximately 70% control of the worldwide contract semiconductor foundry industry. Its customer roster features powerhouse companies including Apple, Nvidia, and AMD—essentially the leaders in advanced chip procurement.
Recent Insider Transaction Patterns
A noteworthy development involves recent insider trading activity. TSMC insiders have executed net sales totaling $14 million over the previous three-month period, with zero insider purchases recorded during this timeframe.
While this doesn’t necessarily contradict the positive revenue narrative, it represents a signal that market participants typically monitor carefully.
The company’s Piotroski F-Score stands at 8, indicating robust financial health and balance sheet strength. TSMC’s market capitalization currently hovers around NT$2.22 trillion, equivalent to approximately $71.5 billion.
Established in 1987, the company has constructed what many consider an irreplaceable position within the global semiconductor manufacturing ecosystem.
TSMC’s Q2 revenue forecast of $31.4 billion to $32.4 billion, announced in April, was established during a period marked by international trade tensions and tariff uncertainties. The May performance indicates these potential obstacles haven’t materially impacted customer demand.
With year-to-date revenue at NT$1.96 trillion through the first five months of 2026, TSMC appears solidly positioned to maintain its growth momentum.
