TrendForce: The total output value of the world's top ten foundry in the second quarter reached a new high of US$53.49 billion

The Zhitong Finance App learned that according to the latest research from TrendForce Jibang Consulting, the total quarterly output value of the top ten global foundry companies increased by 11.5% in the second quarter of 2026, to close to US$53.49 billion, reaching a new high. In addition to the continued shortage of advanced manufacturing processes such as AI HPC main chips, growth momentum is increasing simultaneously in demand for AI peripheral ICs such as PMIC/Power Discrete. Coupled with the continuing early stocking effect in consumer supply chains such as televisions, PCs/notebooks, etc., the production capacity of some mature processes is becoming tighter.

Looking at revenue performance in the third quarter, consumer IC design customers consider that production capacity in mature processes may continue to be squeezed out, and they expect wafer prices to rise, yet maintain a certain level of marketing momentum. Furthermore, the entry of flagship smartphone models into the preparation cycle and the transfer of AI HPC to new platforms will help further increase the overall foundry output value.

Analyzing the revenue performance of the top ten fabricators in the second quarter, TSMC (TSM.US)'s revenue was nearly US$40.2 billion, up 12.1% quarterly, leading the market with a market share of 72.5%. This season, due to AI server GPU/XPU supporting 5/4nm and 3nm advanced process production capacity, and the entry of new iPhones into the preparation season, 2nm contributed revenue for the first time, driving both TSMC wafer shipments and average sales unit price (ASP) to increase quarterly.

The second-quarter revenue is Samsung Foundry (Samsung Foundry), which benefited from the gradual increase in new orders for advanced processes such as HBM Base Die, and the price increase for advanced process foundry prices below 5/4nm (inclusive). Its second-quarter revenue grew slightly by 1.8% to reach US$3.26 billion, while its market share declined to 5.9% due to the rapid growth rate of the same industry.

SMIC (688981.SH)'s second-quarter revenue increased sharply by 20%, surpassing $3 billion, and its market share rose slightly to 5.4%, ranking third. Sources of revenue growth include early stocking in the PC/notebook consumer supply chain, a steady increase in orders for AI peripheral ICs and server networking, and rising demand and prices for ND/ Nor Flash foundry due to a complete shortage of memory.

UMC (UMC) benefited from the increase in orders for PCs/notebooks, some consumer electronics, and server-related FPGAs in the first half of 2026, and the 8-inch production capacity utilization rate recovered markedly. Revenue for the second quarter was nearly US$2.18 billion, up 12.7% quarterly, and maintained fourth place with a market share of 3.9%.

Fifth place: GlobalFoundries (GlobalFoundries) grew in the second quarter as consumer customers resumed stocking momentum, and demand for products such as AI/server peripheral power and TIA/driver grew at the same time as ASP. Revenue increased 9.3% to about 1.79 billion US dollars during the quarter, accounting for 3.2% of the market.

PMIC demand and OEM prices strengthened, and VIS ranking returned to eighth

HuaHong Group (Huahong Group)'s second-quarter revenue increased 3.5%, surpassing US$1.27 billion, ranking sixth. Apart from steady Nor Flash and AI PMIC orders, wafer price increases were reflected in revenue and ASP improvements. The gradual launch of new production capacity by its subsidiary HHGrace (HHGrace) also contributed to the group's revenue growth.

Tower (Gaota Semiconductor) benefited from increased shipments and production of ICs related to AI optical transceiver modules such as TIA/Driver and Photonic ICs in the second quarter. The quarterly revenue increased 11.2% to US$460 million, ranking 7th.

VIS (World Advanced) increased its total wafer shipments and ASP due to early customer preparation and increased PMIC/Power orders for AI peripheral ICs and smartphones. Revenue rose to US$451 million, a quarterly increase of 13.8%, and advanced to 8th place in market share.

Nexchip (Hefei Crystallization) ranked ninth in the second quarter due to the production capacity of its main product, DDIC, being pushed back in large numbers. Coupled with the effect of early preparation of consumer products, capacity utilization and shipments in the second quarter increased compared to the previous quarter. Revenue increased 6.4% during the quarter to US$447 million.

Tenth-ranked PSMC (PSMC) benefited from successive shipments of memory and logic wafers after the price increase. Although overall shipments only increased slightly, it still led to an 11.9% increase in second-quarter revenue quarter to US$432 million.