TSMC posts record quarter
Reports say TSMC’s first-quarter revenue reached about NT$1.13 trillion — a roughly 35% year‑on‑year lift — driven by AI chip demand and strong orders. Coverage also highlights the company's large overseas investments and an Arizona build‑out intended to diversify production amid supply‑chain and geopolitical risks ( ).
Taiwan Semiconductor Manufacturing Co. said on April 10 that first-quarter 2026 revenue rose to NT$1.134 trillion, its highest ever for a January-to-March period. (tsmc.com) The company said March revenue alone reached NT$415.19 billion, up 30.7% from February and 45.2% from a year earlier. TSMC reports monthly sales before full quarterly earnings, and its investor site lists the January-through-March total as unaudited. (tsmc.com) TSMC had guided first-quarter revenue to US$34.6 billion to US$35.8 billion, after posting US$33.73 billion in the fourth quarter of 2025. Its quarterly results page says first-quarter 2026 gross margin is expected at 63% to 65% and operating margin at 54% to 56%. (tsmc.com) TSMC is the contract chipmaker that builds processors designed by companies such as Apple and Nvidia, and its recent growth has tracked demand for artificial-intelligence servers and other high-performance computing chips. In its 2024 annual report, TSMC said advanced technologies, defined as 7-nanometer and below, made up 69% of wafer revenue in 2024. (tsmc.com) The quarter also lands in the middle of TSMC’s largest overseas expansion. On March 4, 2025, the company said it would add US$100 billion to its United States plan, bringing its total U.S. investment to US$165 billion. (tsmc.com) That Arizona build-out now includes plans for six wafer fabrication plants, two advanced packaging facilities and a research-and-development center in Phoenix. TSMC’s Arizona site says the project grew from an initial US$12 billion announcement in 2020 to what it calls the largest foreign direct investment in a greenfield project in American history. (tsmc.com) The push outside Taiwan follows years of pressure from customers and governments to spread chip production across more locations after pandemic shortages and rising tension around Taiwan. TSMC still keeps most of its leading-edge capacity in Taiwan, where its core manufacturing network remains concentrated. (tsmc.com, tsmc.com) Investors now have a fuller update coming soon. TSMC’s investor relations site has posted its first-quarter 2026 results page ahead of the earnings release and conference materials, putting the record sales figure at the center of its next market update. (tsmc.com)
