TSMC posts $18.2B profit in Q1
- Taiwan Semiconductor Manufacturing Co. reported record first-quarter 2026 net profit of NT$572.5 billion, or $18.2 billion, on April 16 after demand for artificial-intelligence chips pushed revenue well above analysts’ forecasts. - First-quarter revenue reached NT$1.134 trillion, or $35.9 billion, up 35.1% in Taiwan dollars and 40.6% in U.S. dollars, while gross margin widened to 66.2% from 53.1% a year earlier. - TSMC also raised its 2026 revenue-growth outlook to above 30% in U.S. dollar terms and said capital spending would land near the top of $52 billion-$56 billion. (tsmc.com)
Taiwan Semiconductor Manufacturing Co. posted record first-quarter profit of NT$572.5 billion, or $18.2 billion, on April 16 as artificial-intelligence chip demand kept its factories full. (tsmc.com) (finance.yahoo.com) Revenue for the January-to-March quarter rose to NT$1.134 trillion, or $35.9 billion. Net income climbed 58.3% from a year earlier, and diluted earnings per share reached NT$22.08. (tsmc.com) The company said gross margin hit 66.2% and operating margin reached 58.1%, both above its own guidance. TSMC’s second-quarter forecast called for revenue of $39.0 billion to $40.2 billion. (tsmc.com) TSMC makes chips designed by companies such as Nvidia and Apple, and it is the main manufacturer for many of the processors used to train and run artificial-intelligence systems. That has turned demand for its most advanced production lines into the central bottleneck in the AI hardware market. (finance.yahoo.com) (cnbc.com) The strongest growth came from leading-edge chips. TSMC said 7-nanometer and more advanced technologies accounted for 74% of wafer revenue in the quarter, including 36% from 5-nanometer chips and 25% from 3-nanometer chips. (tsmc.com) Chief executive C.C. Wei said the company now expects full-year 2026 revenue to grow by more than 30% in U.S. dollar terms, up from its earlier outlook of close to 30%. Management also said 2026 capital spending would be toward the high end of its $52 billion to $56 billion range. (cnbc.com) (www.marketbeat.com) That spending is aimed at adding advanced chipmaking and packaging capacity in Taiwan, Arizona and Japan. Wei said supply for AI-related demand would remain tight because a new fab takes two to three years to build and then more time to ramp. (www.marketbeat.com) (msn.com) TSMC’s results matter beyond Taiwan because the company sits at the center of the global semiconductor supply chain. When its sales, margins and spending plans rise this fast, they signal that the AI buildout is still accelerating rather than cooling. (finance.yahoo.com) (cnbc.com) For now, TSMC is reporting both record profits and a bigger construction bill. The same surge in orders that lifted first-quarter earnings is also forcing the company to spend heavily to catch up. (tsmc.com) (www.marketbeat.com)
