On July 13, TSMC (TSM.N) reported a 36% increase in quarterly sales, aligning with market expectations and indicating sustained robust global demand for artificial intelligence hardware. Calculations show that TSMC's revenue reached NT$1.27 trillion (US$39.6 billion) in the three months ending in June, in line with analyst forecasts. This performance was driven by a strong showing in June, when sales surged 68% year-on-year. In June, TSMC CEO C.C. Wei stated that even with additional manufacturing capacity coming online in the U.S. over the next few years, the company would still be unable to meet the demand led by U.S. customers for several years—a view echoed by major chipmakers. SK Hynix anticipates that the shortage of memory chips will persist beyond 2030. TSMC is set to release its full earnings report on Thursday, along with updates on its full-year performance and capital expenditure plans.