TSMC Reports Record Q1 Revenue of $35.7 Billion

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, reported record first-quarter revenue of 1.134 trillion new Taiwan dollars ($35.7 billion) on April 10, surpassing analyst expectations amid sustained demand for artificial intelligence chips.

The figure marked a 35 percent increase from the same period a year earlier, when revenue stood at 839.3 billion new Taiwan dollars. It exceeded a consensus estimate of 1.125 trillion new Taiwan dollars compiled by 20 analysts and aligned with TSMC's earlier guidance of $34.6 billion to $35.8 billion. March revenue alone rose 45 percent year over year to 415.2 billion new Taiwan dollars, highlighting robust order momentum from key clients including Apple, Nvidia, AMD and Broadcom.

The performance underscores TSMC's central role in the global semiconductor supply chain, where it produces advanced chips for applications ranging from smartphones and personal computers to data centers powering AI systems. Demand for high-performance computing, particularly AI accelerators using TSMC's 3-nanometer and 5-nanometer processes, has offset weaker sales in consumer electronics amid resolving pandemic-era inventory...