AG˹ٷ

STOCK TITAN

[6-K] Taiwan Semiconductor Manufacturing Company Ltd. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

TSMC’s July 2025 6-K highlights continued top-line momentum. Consolidated revenue reached NT$323.17 bn, up 22.5% versus June and 25.8% year-on-year. Cumulative Jan-Jul revenue climbed to NT$2,096.21 bn, a 37.6% YoY increase, underscoring robust demand for the foundry’s advanced process nodes.

Liquidity activities remain routine and intra-group focused. Subsidiary lending outstanding totaled NT$15.95 bn (TSMC China NT$14.15 bn; TSMC Development NT$1.80 bn) against board-approved limits of about NT$137 bn. Guarantees to wholly-owned units stood at NT$554.34 bn, well below the aggregate limit of NT$2.50 tn.

Derivative positions were sizeable but manageable: the parent company carried NT$118.40 bn notional forward contracts with an unrealized loss of NT$3.88 bn; other subsidiaries recorded minor unrealized losses. No hedge-accounted contracts show material mark-to-market impact.

No major transactions, earnings guidance, or management changes were disclosed.

Il report di TSMC di luglio 2025 evidenzia un continuo slancio nei ricavi. Il fatturato consolidato ha raggiunto NT$323,17 miliardi, con un aumento del 22,5% rispetto a giugno e del 25,8% su base annua. Il fatturato cumulativo da gennaio a luglio è salito a NT$2.096,21 miliardi, con una crescita del 37,6% anno su anno, a testimonianza della forte domanda per i nodi di processo avanzati della fonderia.

Le attività di liquidità rimangono ordinarie e focalizzate all’interno del gruppo. I prestiti alle controllate ammontano a NT$15,95 miliardi (TSMC China NT$14,15 miliardi; TSMC Development NT$1,80 miliardi) rispetto ai limiti approvati dal consiglio di circa NT$137 miliardi. Le garanzie alle unità interamente controllate sono pari a NT$554,34 miliardi, ben al di sotto del limite aggregato di NT$2,50 trilioni.

Le posizioni in derivati sono significative ma gestibili: la società madre detiene contratti forward nozionali per NT$118,40 miliardi con una perdita non realizzata di NT$3,88 miliardi; altre controllate hanno registrato perdite non realizzate minori. Nessun contratto contabilizzato come copertura mostra un impatto significativo a mark-to-market.

Non sono state comunicate operazioni rilevanti, previsioni sugli utili o cambiamenti nella direzione aziendale.

Los resultados de TSMC de julio 2025 destacan un continuo impulso en los ingresos. Los ingresos consolidados alcanzaron NT$323,17 mil millones, un aumento del 22,5% respecto a junio y del 25,8% interanual. Los ingresos acumulados de enero a julio subieron a NT$2,096.21 mil millones, un incremento del 37,6% interanual, lo que refleja una fuerte demanda por los nodos de proceso avanzados de la fundición.

Las actividades de liquidez permanecen rutinarias y enfocadas dentro del grupo. Los préstamos a subsidiarias suman NT$15,95 mil millones (TSMC China NT$14,15 mil millones; TSMC Development NT$1,80 mil millones) frente a límites aprobados por la junta de aproximadamente NT$137 mil millones. Las garantías a unidades de propiedad total ascienden a NT$554,34 mil millones, muy por debajo del límite agregado de NT$2,50 billones.

Las posiciones en derivados son considerables pero manejables: la empresa matriz mantiene contratos a futuro nocionales por NT$118,40 mil millones con una pérdida no realizada de NT$3,88 mil millones; otras subsidiarias registraron pérdidas no realizadas menores. Ningún contrato contabilizado como cobertura muestra un impacto material a valor de mercado.

No se divulgaron transacciones importantes, guías de ganancias ni cambios en la gestión.

TSMC� 2025� 7� 실적은 지속적� 매출 성장� 강조합니�. 연결 매출은 $3231.7�으로 6� 대� 22.5%, 전년 동기 대� 25.8% 증가했습니다. 1월부� 7월까지 누적 매출은 $2�961�으로 전년 대� 37.6% 증가� 파운드리� 첨단 공정 노드� 대� 강한 수요� 보여줍니�.

유동� 활동은 일상적이� 그룹 내에 집중되어 있습니다. 자회� 대� 잔액은 $159.5� (TSMC 중국 NT$141.5�; TSMC 개발 NT$18�)으로 이사� 승인 한도 � NT$1370억에 비해 낮습니다. 전액 출자 자회사에 대� 보증은 $5543.4�으로 � 한도 NT$2.5조에 훨씬 � 미칩니다.

파생상품 포지션은 상당하지� 관� 가능한 수준입니�: 모회사는 명목� 선도계약 $1184�� 보유하고 있으� 미실� 손실 NT$38.8�� 있습니다; 다른 자회사들은 소규� 미실� 손실� 기록했습니다. 헷지 회계 처리� 계약은 유의미한 시가 반영 영향� 보이지 않습니다.

중대� 거래, 수익 전망, 경영� 변� 사항은 공개되지 않았습니�.

Les résultats de TSMC pour juillet 2025 mettent en avant une dynamique continue du chiffre d'affaires. Le chiffre d'affaires consolidé a atteint 323,17 milliards NT$, en hausse de 22,5 % par rapport à juin et de 25,8 % en glissement annuel. Le chiffre d'affaires cumulé de janvier à juillet a progressé à 2 096,21 milliards NT$, soit une augmentation de 37,6 % sur un an, soulignant une forte demande pour les nœuds de processus avancés de la fonderie.

Les activités de liquidité restent routinières et axées sur le groupe. Les prêts aux filiales en cours s’élèvent à 15,95 milliards NT$ (TSMC Chine 14,15 milliards NT$ ; TSMC Development 1,80 milliard NT$) face à des limites approuvées par le conseil d’environ 137 milliards NT$. Les garanties aux unités entièrement détenues s’élèvent à 554,34 milliards NT$, bien en dessous de la limite globale de 2,50 billions NT$.

Les positions sur dérivés sont importantes mais maîtrisables : la société mère détient des contrats à terme notionnels pour 118,40 milliards NT$ avec une perte latente de 3,88 milliards NT$ ; d’autres filiales ont enregistré de petites pertes latentes. Aucun contrat comptabilisé en couverture ne présente d’impact significatif en valeur de marché.

Aucune transaction majeure, prévision de résultats ou changement de direction n’a été communiqué.

TSMCs Bericht für Juli 2025 hebt die anhaltende Umsatzdynamik hervor. Der konsolidierte Umsatz erreichte NT$323,17 Mrd., ein Anstieg von 22,5 % gegenüber Juni und 25,8 % im Jahresvergleich. Der kumulierte Umsatz von Januar bis Juli stieg auf NT$2.096,21 Mrd., ein Zuwachs von 37,6 % im Jahresvergleich, was die starke Nachfrage nach den fortschrittlichen Fertigungsknoten der Foundry unterstreicht.

Die Liquiditätsaktivitäten bleiben routinemäßig und gruppenintern ausgerichtet. Die ausstehenden Darlehen an Tochtergesellschaften beliefen sich auf NT$15,95 Mrd. (TSMC China NT$14,15 Mrd.; TSMC Development NT$1,80 Mrd.) bei vom Vorstand genehmigten Limits von etwa NT$137 Mrd. Garantien für vollständig im Besitz befindliche Einheiten betrugen NT$554,34 Mrd., deutlich unter dem Gesamtlimit von NT$2,50 Billionen.

Die Derivatepositionen waren beträchtlich, aber beherrschbar: Die Muttergesellschaft hielt nominelle Terminkontrakte in Höhe von NT$118,40 Mrd. mit einem unrealisierter Verlust von NT$3,88 Mrd.; andere Tochtergesellschaften verzeichneten geringfügige unrealisierte Verluste. Keine als Hedge bewerteten Verträge zeigten signifikante Mark-to-Market-Effekte.

Es wurden keine wesentlichen Transaktionen, Gewinnprognosen oder Managementänderungen bekannt gegeben.

Positive
  • July revenue rose 25.8% YoY and 22.5% MoM, indicating strong demand momentum.
  • Year-to-date revenue up 37.6%, pointing to robust 2025 growth trajectory.
  • Loans and guarantees remain well within board-approved limits, supporting prudent balance-sheet management.
Negative
  • Unrealized derivative loss of NT$3.88 bn at the parent level, though currently modest.
  • Significant notional derivative exposure (NT$118 bn) could introduce future mark-to-market volatility.

Insights

TL;DR � Strong July sales reinforce growth; derivative losses modest.

The 25.8% YoY and 22.5% MoM revenue jump signals sustained capacity pull-through despite cyclical concerns. Jan–Jul sales growth of 37.6% puts TSMC on track to comfortably exceed prior full-year revenue comparisons if momentum persists. Intra-group loans and guarantees appear conservative relative to limits, suggesting disciplined capital allocation. Forward-contract unrealized losses of NT$3.9 bn are immaterial (<0.2% of YTD revenue) and reflect currency hedging, not speculative trading. Overall filing is incrementally positive for the equity narrative, affirming demand resilience without introducing new risks.

Il report di TSMC di luglio 2025 evidenzia un continuo slancio nei ricavi. Il fatturato consolidato ha raggiunto NT$323,17 miliardi, con un aumento del 22,5% rispetto a giugno e del 25,8% su base annua. Il fatturato cumulativo da gennaio a luglio è salito a NT$2.096,21 miliardi, con una crescita del 37,6% anno su anno, a testimonianza della forte domanda per i nodi di processo avanzati della fonderia.

Le attività di liquidità rimangono ordinarie e focalizzate all’interno del gruppo. I prestiti alle controllate ammontano a NT$15,95 miliardi (TSMC China NT$14,15 miliardi; TSMC Development NT$1,80 miliardi) rispetto ai limiti approvati dal consiglio di circa NT$137 miliardi. Le garanzie alle unità interamente controllate sono pari a NT$554,34 miliardi, ben al di sotto del limite aggregato di NT$2,50 trilioni.

Le posizioni in derivati sono significative ma gestibili: la società madre detiene contratti forward nozionali per NT$118,40 miliardi con una perdita non realizzata di NT$3,88 miliardi; altre controllate hanno registrato perdite non realizzate minori. Nessun contratto contabilizzato come copertura mostra un impatto significativo a mark-to-market.

Non sono state comunicate operazioni rilevanti, previsioni sugli utili o cambiamenti nella direzione aziendale.

Los resultados de TSMC de julio 2025 destacan un continuo impulso en los ingresos. Los ingresos consolidados alcanzaron NT$323,17 mil millones, un aumento del 22,5% respecto a junio y del 25,8% interanual. Los ingresos acumulados de enero a julio subieron a NT$2,096.21 mil millones, un incremento del 37,6% interanual, lo que refleja una fuerte demanda por los nodos de proceso avanzados de la fundición.

Las actividades de liquidez permanecen rutinarias y enfocadas dentro del grupo. Los préstamos a subsidiarias suman NT$15,95 mil millones (TSMC China NT$14,15 mil millones; TSMC Development NT$1,80 mil millones) frente a límites aprobados por la junta de aproximadamente NT$137 mil millones. Las garantías a unidades de propiedad total ascienden a NT$554,34 mil millones, muy por debajo del límite agregado de NT$2,50 billones.

Las posiciones en derivados son considerables pero manejables: la empresa matriz mantiene contratos a futuro nocionales por NT$118,40 mil millones con una pérdida no realizada de NT$3,88 mil millones; otras subsidiarias registraron pérdidas no realizadas menores. Ningún contrato contabilizado como cobertura muestra un impacto material a valor de mercado.

No se divulgaron transacciones importantes, guías de ganancias ni cambios en la gestión.

TSMC� 2025� 7� 실적은 지속적� 매출 성장� 강조합니�. 연결 매출은 $3231.7�으로 6� 대� 22.5%, 전년 동기 대� 25.8% 증가했습니다. 1월부� 7월까지 누적 매출은 $2�961�으로 전년 대� 37.6% 증가� 파운드리� 첨단 공정 노드� 대� 강한 수요� 보여줍니�.

유동� 활동은 일상적이� 그룹 내에 집중되어 있습니다. 자회� 대� 잔액은 $159.5� (TSMC 중국 NT$141.5�; TSMC 개발 NT$18�)으로 이사� 승인 한도 � NT$1370억에 비해 낮습니다. 전액 출자 자회사에 대� 보증은 $5543.4�으로 � 한도 NT$2.5조에 훨씬 � 미칩니다.

파생상품 포지션은 상당하지� 관� 가능한 수준입니�: 모회사는 명목� 선도계약 $1184�� 보유하고 있으� 미실� 손실 NT$38.8�� 있습니다; 다른 자회사들은 소규� 미실� 손실� 기록했습니다. 헷지 회계 처리� 계약은 유의미한 시가 반영 영향� 보이지 않습니다.

중대� 거래, 수익 전망, 경영� 변� 사항은 공개되지 않았습니�.

Les résultats de TSMC pour juillet 2025 mettent en avant une dynamique continue du chiffre d'affaires. Le chiffre d'affaires consolidé a atteint 323,17 milliards NT$, en hausse de 22,5 % par rapport à juin et de 25,8 % en glissement annuel. Le chiffre d'affaires cumulé de janvier à juillet a progressé à 2 096,21 milliards NT$, soit une augmentation de 37,6 % sur un an, soulignant une forte demande pour les nœuds de processus avancés de la fonderie.

Les activités de liquidité restent routinières et axées sur le groupe. Les prêts aux filiales en cours s’élèvent à 15,95 milliards NT$ (TSMC Chine 14,15 milliards NT$ ; TSMC Development 1,80 milliard NT$) face à des limites approuvées par le conseil d’environ 137 milliards NT$. Les garanties aux unités entièrement détenues s’élèvent à 554,34 milliards NT$, bien en dessous de la limite globale de 2,50 billions NT$.

Les positions sur dérivés sont importantes mais maîtrisables : la société mère détient des contrats à terme notionnels pour 118,40 milliards NT$ avec une perte latente de 3,88 milliards NT$ ; d’autres filiales ont enregistré de petites pertes latentes. Aucun contrat comptabilisé en couverture ne présente d’impact significatif en valeur de marché.

Aucune transaction majeure, prévision de résultats ou changement de direction n’a été communiqué.

TSMCs Bericht für Juli 2025 hebt die anhaltende Umsatzdynamik hervor. Der konsolidierte Umsatz erreichte NT$323,17 Mrd., ein Anstieg von 22,5 % gegenüber Juni und 25,8 % im Jahresvergleich. Der kumulierte Umsatz von Januar bis Juli stieg auf NT$2.096,21 Mrd., ein Zuwachs von 37,6 % im Jahresvergleich, was die starke Nachfrage nach den fortschrittlichen Fertigungsknoten der Foundry unterstreicht.

Die Liquiditätsaktivitäten bleiben routinemäßig und gruppenintern ausgerichtet. Die ausstehenden Darlehen an Tochtergesellschaften beliefen sich auf NT$15,95 Mrd. (TSMC China NT$14,15 Mrd.; TSMC Development NT$1,80 Mrd.) bei vom Vorstand genehmigten Limits von etwa NT$137 Mrd. Garantien für vollständig im Besitz befindliche Einheiten betrugen NT$554,34 Mrd., deutlich unter dem Gesamtlimit von NT$2,50 Billionen.

Die Derivatepositionen waren beträchtlich, aber beherrschbar: Die Muttergesellschaft hielt nominelle Terminkontrakte in Höhe von NT$118,40 Mrd. mit einem unrealisierter Verlust von NT$3,88 Mrd.; andere Tochtergesellschaften verzeichneten geringfügige unrealisierte Verluste. Keine als Hedge bewerteten Verträge zeigten signifikante Mark-to-Market-Effekte.

Es wurden keine wesentlichen Transaktionen, Gewinnprognosen oder Managementänderungen bekannt gegeben.


1934 Act Registration No. 1-14700
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
_____________________________
FORM 6-K
_____________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
(Commission File Number: 001-14700)
_____________________________
Taiwan Semiconductor Manufacturing Company Limited
(Translation of Registrant’s Name Into English)
_____________________________
No. 8, Li-Hsin Road 6
Hsinchu Science Park
Hsinchu 300-096, Taiwan
Republic of China
(Address of Principal Executive Offices)
_____________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F  x            Form 40-F  o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1):o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7):o



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Taiwan Semiconductor Manufacturing Company Limited
Date: August 8, 2025By   /s/ Wendell Huang
  Wendell Huang
   Senior Vice President and Chief Financial Officer



a1.jpg
TSMC July 2025 Revenue Report

HSINCHU, Taiwan, R.O.C. – Aug. 8, 2025 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for July 2025: On a consolidated basis, revenue for July 2025 was approximately NT$323.17 billion, an increase of 22.5 percent from June 2025 and an increase of 25.8 percent from July 2024. Revenue for January through July 2025 totaled NT$2,096.21 billion, an increase of 37.6 percent compared to the same period in 2024.


TSMC July Revenue Report (Consolidated):
(Unit:NT$ million)
PeriodJuly 2025June 2025
M-o-M
Increase
(Decrease)
%
July 2024
Y-o-Y
Increase
(Decrease)
%
January to July 2025
January to July 2024
Y-o-Y
Increase
(Decrease)
%

Net Revenue

323,166263,70922.5256,95325.82,096,2111,523,10737.6


TSMC Spokesperson:TSMC Media Contacts
Wendell Huang
Senior Vice President and CFO
Tel: 886-3-505-5901
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.7125036
Mobile: 886-988-239-163
E-Mail: press@tsmc.com
Ulric Kelly
Public Relations
Tel: 886-3-563-6688 ext.7126541
Mobile: 886-978-111-503
E-Mail: press@tsmc.com



Taiwan Semiconductor Manufacturing Company Limited
This is to report the changes or status of 1) revenue, 2) funds lent to other parties, 3) endorsements and guarantees, and 4) financial derivative transactions for July 2025 (“Current Month”).
Note: “Outstanding” herein means the outstanding balance at the end of Current Month; and “Cumulative” herein represents the accumulated amounts from the beginning of this year till the end of Current Month.
1. Revenue (in NT$ thousands)
PeriodItems20252024
Jul.
Net Revenue
323,165,707 256,953,058 
Jan. ~ Jul.
Net Revenue
2,096,211,240 1,523,107,436 
2. Funds lent to other parties (in NT$ thousands)
Lending CompanyLimit of lendingAmount approved by the Board of DirectorsOutstanding amount
TSMC China*
104,946,115 27,626,520 14,153,520 
TSMC Development**
32,187,925 1,796,400 1,796,400 
* The borrower is TSMC Nanjing, a wholly-owned subsidiary of TSMC.
** The borrower is TSMC Washington, a wholly-owned subsidiary of TSMC.
3. Endorsements and guarantees (in NT$ thousands)
GuarantorLimit of guaranteeAmount approved by the Board of DirectorsOutstanding amount
TSMC*1,825,665,032 2,491,406 2,491,406 
TSMC**224,550,000 224,550,000 
TSMC***448,925,676 327,296,190 
* The guarantee was provided to TSMC North America, a wholly-owned subsidiary of TSMC.
** The guarantee was provided to TSMC Global, a wholly-owned subsidiary of TSMC.
*** The guarantee was provided to TSMC Arizona, a wholly-owned subsidiary of TSMC.





4. Financial derivative transactions (in NT$ thousands)
(1)Derivatives not applying hedge accounting.
‧TSMC
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
118,403,158 
Mark to Market of Outstanding Contracts
(3,884,113)
Cumulative Unrealized Profit/Loss
(3,458,177)
Expired Contracts
Cumulative Notional Amount
672,522,102 
Cumulative AG˹ٷized Profit/Loss
7,896,866 
Equity price linked product (Y/N)
N
‧TSMC China
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
2,247,443 
Mark to Market of Outstanding Contracts
(9,199)
Cumulative Unrealized Profit/Loss
(8,958)
Expired Contracts
Cumulative Notional Amount
5,810,855 
Cumulative AG˹ٷized Profit/Loss
(8,023)
Equity price linked product (Y/N)
N
‧TSMC Nanjing
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
7,014,999 
Mark to Market of Outstanding Contracts
(29,492)
Cumulative Unrealized Profit/Loss
(28,475)
Expired Contracts
Cumulative Notional Amount
16,989,830 
Cumulative AG˹ٷized Profit/Loss
(13,711)
Equity price linked product (Y/N)
N




‧Japan Advanced Semiconductor Mfg., Inc.
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
6,828,170 
Mark to Market of Outstanding Contracts
52,586 
Cumulative Unrealized Profit/Loss
(142,686)
Expired Contracts
Cumulative Notional Amount
76,502,179 
Cumulative AG˹ٷized Profit/Loss
(375,176)
Equity price linked product (Y/N)
N
(2)Derivatives applying hedge accounting.
‧TSMC Global
Future
Margin Payment
(5,748)
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
631,734 
Mark to Market of Outstanding Contracts
(650)
Cumulative Unrealized Profit/Loss
(11,972)
Expired Contracts
Cumulative Notional Amount
8,787,390 
Cumulative AG˹ٷized Profit/Loss
(26,320)
Equity price linked product (Y/N)
N

FAQ

How much revenue did TSM (NYSE:TSM) report for July 2025?

TSMC posted NT$323.17 billion in consolidated revenue for July 2025.

What is TSMC’s year-to-date revenue growth in 2025?

Revenue for Jan–Jul 2025 totaled NT$2,096.21 bn, a 37.6% YoY increase.

Did TSMC disclose any large new loans or guarantees in this filing?

No new third-party loans; outstanding intra-group loans were NT$15.95 bn and guarantees NT$554.34 bn, both within preset limits.

What derivative exposure does TSMC hold?

The parent company holds forward contracts with NT$118.40 bn notional and an unrealized loss of NT$3.88 bn.

Were there any management or strategic changes announced?

The 6-K contained no management changes, acquisitions, or guidance updates.

Is the revenue data presented in U.S. dollars or New Taiwan dollars?

All figures are reported in New Taiwan dollars (NT$) as stated in the filing.
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