TSMC's financial report outlook: net profit may reach quarterly high, focus on demand for advanced processes and visibility of AI orders.

TSMC will release its Q2 financial report this Thursday. According to a FactSet survey, 25 analysts unanimously predict a 53% increase in net profit to reach 379.415 billion New Taiwan dollars, which would be the highest quarterly profit in the company's history, compared to 247.845 billion New Taiwan dollars in the same period last year. In terms of revenue, based on the company's monthly data, Q2 revenue increased by 39% to reach 933.8 billion New Taiwan dollars, surpassing its guidance of $28.4 billion to $29.2 billion. Following a strong performance in the first half of the year, TSMC seems poised to achieve around 20% revenue growth by 2025. However, Citigroup stated that they do not expect the company to raise its guidance, citing uncertainties surrounding US tariffs and pre-tariff activities. Analysts suggest that investors should focus on the demand for its advanced processes and visibility of artificial intelligence orders in the next two to three years.