Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Wednesday reported record monthly revenue of NT$416.975 billion (US$13.19 billion) in May, putting the world's largest contract chipmaker on track to set a record for quarterly revenue.

According to Focus Taiwan, TSMC stated that the figure surpassed the previous monthly record of NT$415.19 billion set in March, marking an increase of 1.5 percent from April and 30.1 percent from a year earlier. For the first five months of the year, TSMC generated NT$1.96 trillion in revenue, up 30 percent year-on-year.

TSMC has forecast second-quarter revenue of between US$39 billion and US$40.2 billion, representing sequential growth of about 10 percent and year-on-year growth of around 32 percent, based on an assumed exchange rate of NT$31.7 to the U.S. dollar. With combined revenue of NT$827.7 billion in April and May already accounting for a significant portion of that target, analysts said the company is well positioned to meet its second-quarter guidance and post quarterly revenue that beats the current record of NT$1.23 trillion.

TSMC mentioned that strong AI-related demand and growing computing requirements continue to support solid demand for chips manufactured with its leading-edge process technologies. The company expects its U.S. dollar-denominated revenue to grow by more than 30 percent in 2026.