TSMC Revenue Surges 68% as SK Hynix Shares Tumble in Seoul

Asia's chip giants delivered starkly different headlines Monday, with TSMC riding an AI-driven boom even as SK Hynix shares slid sharply.

Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, reported a 68% surge in June revenue ahead of its second-quarter earnings report, CNBC reported. The company disclosed its June and first-half 2026 revenue figures as investors look for signs of how long the industry's boom can continue.

The strong showing from TSMC contrasted with a rough session for South Korea's SK Hynix, whose shares tumbled more than 10% in Seoul on Monday, CNBC reported. CNBC's report did not specify the cause of the decline, and further details were not immediately available.

— Compiled from reporting by CNBC.