TSMC reported Q2 2025 revenue of $30.1 billion, up 17.8% sequentially, exceeding guidance. Gross margin slightly decreased to 58.6% due to unfavorable forex and overseas fab dilution. Q3 2025 revenue is projected at $31.8-33 billion, a 38% YoY increase at midpoint. Gross margin is expected to decline to 56.5% in Q3 due to continued forex pressure and overseas fab ramp-up. TSMC maintains its 2025 capex at $38-42 billion.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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