TSMC reported quarterly revenue up 36% YoY to NT$1.27 trillion in the quarter to June (US$39.6 billion), matching analyst consensus. June sales jumped 68% YoY and drove the quarter. CEO Wei Zhejia warned that even if the US adds manufacturing capacity in coming years, TSMC will be unable to meet US-customer-led demand for years. SK Hynix says the current memory-chip shortage is likely to extend beyond 2030. TSMC will publish full results on Thursday and is expected to update its full-year outloo

TSMC reported quarterly revenue up 36% YoY to NT$1.27 trillion in the quarter to June (US$39.6 billion), matching analyst consensus. June sales jumped 68% YoY and drove the quarter. CEO Wei Zhejia warned that even if the US adds manufacturing capacity in coming years, TSMC will be unable to meet US-customer-led demand for years. SK Hynix says the current memory-chip shortage is likely to extend beyond 2030. TSMC will publish full results on Thursday and is expected to update its full-year outlook and capex plan.