Citi analysts said TSMC's gross margin outlook remains resilient. According to Jin10, they noted that TSMC remained well positioned to sustain industry-leading profitability after second-quarter gross margin reached 67.7%, advanced processes accounted for 77% of wafer revenue, and 2-nanometer chips contributed revenue for the first time.
They added that TSMC's pricing discipline has also supported long-term customer relationships. More importantly, management has repeatedly stressed that AI demand has become stronger than previously expected, and the company sees continued growth in AI demand as agentic AI increases CPU demand beyond accelerators.
STOCKS | Citi Says TSMC's Gross Margin Outlook Remains Resilient
2026-07-17 11:01:54
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
