TSMC Q2 Earnings Preview: What to Expect from Upcoming Report
Taiwan Semiconductor Manufacturing 
TSM is slated to release second-quarter results on Thursday, 17 July, with analysts projecting a sharp rise in earnings driven by booming demand for AI chips.
The company is expected to post earnings per share of $2.37, reflecting a year-over-year increase of about 60%, according to analyst estimates. Revenue for fiscal 2025 is projected to reach nearly $114 billion, up from $87.9 billion in the prior year.
TSMC has become a critical supplier in the artificial intelligence supply chain, with growing momentum behind its advanced chip packaging known as CoWoS. The company is forecast to double both its AI-related revenue and CoWoS capacity this year as tech giants rush to secure high-performance chipsets.
The upbeat expectations come amid a broader rally in AI-linked semiconductor stocks. Investors will watch closely for updates on production scalability, margin trends, and how AI demand continues to shape the company's roadmap.
TSMC's results will offer a key read on global AI infrastructure spending as chipmakers race to meet hyperscaler demand.
Is TSM Stock a Buy Now?
Based on the one year price targets offered by 17 analysts, the average target price for Taiwan Semiconductor Manufacturing Co Ltd is $228.33 with a high estimate of $270.00 and a low estimate of $119.37. The average target implies a downside of -0.90% from the current price of $230.40.
Based on GuruFocus estimates, the estimated GF Value for Taiwan Semiconductor Manufacturing Co Ltd in one year is $221.11, suggesting a downside of -4.03% from the current price of $230.40. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page.