Chip foundry TSMC has released its second-quarter earnings, with revenue of $13.29 billion, a 28% jump year-over-year, a new high that also exceeded their expectations.

TSMC said that, based on current performance expectations, management expects third-quarter revenue of $14.6 billion to $14.9 billion. The gross profit margin is expected to be 49.5%-51.5%, and the operating profit margin is expected to be 38.5%-40.5%.
The expected revenue of $14.6 billion to $14.9 billion means that TSMC's revenue for the next quarter will be another record high.

It appears that the reason TSMC expects to reach a new revenue high in Q3 is due to strong customer demand for the two advanced processes, 5nm and 7nm.