TSMC, ASML post stronger demand
TSMC reported roughly $35.6bn–$35.7bn in first‑quarter revenue, about 35% year‑over‑year growth as AI‑chip demand lifted advanced‑node utilisation, and ASML has reportedly raised its guidance on similar demand trends. Reports also say TSMC is investing heavily in U.S. fabs — cited at about $165bn for Arizona expansion targeting 4nm production — even as the supply chain faces war‑risk and materials shortages like helium. (heygotrade.com, cnbctv18.com, techround.co.uk)
Taiwan Semiconductor Manufacturing Co. said first-quarter 2026 revenue rose to about $35.7 billion, extending the chip industry’s artificial-intelligence surge into another quarter. (tsmc.com) The company’s investor site shows first-quarter revenue of $34.6 billion to $35.8 billion against prior guidance of $32.2 billion to $33.4 billion, with gross margin at 63% to 65% and operating margin at 54% to 56%. TSMC scheduled its earnings call for Thursday, April 16, 2026, in Taiwan. (tsmc.com) ASML Holding reported €8.8 billion in first-quarter 2026 net sales and said it now expects full-year 2026 sales of €36 billion to €40 billion, up from the €34 billion to €39 billion range it gave in January. The Dutch company also guided for second-quarter sales of €8.4 billion to €9.0 billion. (asml.com) The two companies sit on different ends of the same supply chain. TSMC manufactures chips designed by customers such as Nvidia and Apple, while ASML sells the lithography machines that etch the tiny circuit patterns needed to make the most advanced processors. (tsmc.com, asml.com) That link has become more visible as data-center spending on artificial intelligence hardware keeps climbing. Higher use of TSMC’s advanced production lines feeds demand for ASML’s extreme ultraviolet tools, which are used to print the smallest features on leading-edge chips. (tsmc.com, asml.com) TSMC is also expanding production in the United States. On its Arizona project page, the company says the Phoenix investment has grown from $12 billion in 2020 to $165 billion and now includes six wafer fabs, two advanced packaging facilities and a research-and-development center. (tsmc.com) TSMC says its first Arizona fab has begun volume production using its 4-nanometer process, a manufacturing generation used for high-performance chips. The company describes the broader Arizona buildout as the largest foreign direct investment in a greenfield project in U.S. history. (tsmc.com) Supply risks have not disappeared. Forbes reported on April 7 that a helium shortage was starting to affect chip production planning, even as TSMC said it was monitoring the situation closely and did not expect a significant impact at that point. (forbes.com) For now, the clearest signal is that the artificial-intelligence buildout is still lifting both chip output and chip-equipment orders. TSMC’s full first-quarter results arrive on April 16, 2026, and ASML has already moved its 2026 sales outlook higher. (tsmc.com, asml.com)
