TSMC reported record first-quarter revenue and profit that exceeded analyst expectations. Relentless demand for advanced artificial intelligence chips drove the performance.
The world’s largest contract chipmaker posted Q1 revenue of approximately $35.6 billion. This figure represents a 35% year-over-year increase. Strong orders from Nvidia and Apple for 3-nanometer technology fueled the growth.
These results indicate a continuing boom in AI infrastructure. The performance reinforced investor confidence in sustained semiconductor growth.
TSMC maintained an aggressive 2026 capital expenditure forecast between $52 billion and $56 billion. This spending reflects long-term confidence in AI demand.
TSMC’s U.S.-listed shares rose in pre-market trading. This movement lifted sentiment across the broader tech sector.