Taiwan Semiconductor Manufacturing Company (NYSE:TSM), a leader in the global semiconductor industry, has disclosed its financial performance for June 2024, revealing a mixed set of results.

The company recorded a net revenue of approximately NT$207.87 billion for the month, representing a 9.5% decrease from May 2024.

Despite this monthly drop, the revenue figures show a substantial year-over-year increase of 32.9% compared to June 2023.

For the first half of 2024, TSMC's cumulative revenue reached NT$1,266.15 billion, registering a significant growth of 28% over the same period last year.

In addition to revenue figures, TSMC provided insights into its financial derivatives, reporting an outstanding notional amount of NT$119.93 billion in derivatives not subject to hedge accounting.