TSMC Profit Hits Record on AI Boom

TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co. reported record first-quarter profit as artificial intelligence chip demand kept factory utilization high and reinforced the company’s central role in the global semiconductor buildout, according to Channel News Asia, Focus Taiwan, The Business Times, The Economic Times, and the Associated Press via Las Vegas Sun. Each of the bullet points immediately below have been confirmed by multiple respected sources we curated on this story.

• TSMC said first-quarter net profit rose 58.3% from a year earlier to a record roughly NT$572.5 billion.
• First-quarter revenue reached about NT$1.13 trillion, or roughly US$35.9 billion, as advanced chip demand stayed strong.
• AI-related demand remained the core driver of results, with high-performance computing and advanced-node production continuing to run at elevated levels.
• Advanced manufacturing stayed central to TSMC’s mix, with 3-nanometer chips accounting for about a quarter of sales and advanced nodes contributing most wafer revenue.

Additional Details Reported

Channel News Asia reported that TSMC raised its full-year revenue growth outlook in U.S. dollar terms to more than 30% and said 2026 capital spending would land at the high end of its previously stated US$52 billion to US$56 billion range.

AP’s report said TSMC warned that the Iran war could pressure profitability by raising costs for crucial materials and gases, though executives said the company had safety stock on hand and did not expect a near-term operational hit.

Channel News Asia and The Economic Times also noted that TSMC forecast second-quarter revenue of US$39 billion to US$40.2 billion as customers continue spending heavily on AI infrastructure.

Channel News Asia said TSMC is expanding 3-nanometer capacity across Taiwan, the United States, and Japan, while The Business Times emphasized how investors are watching whether AI-related capital spending can stay strong despite Middle East and supply-chain risks.

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