🟢 TSMC is trading 3.2% up today on record Q1 earnings driven by AI demand

TSMC is trading at $381.31 (+3.18%) after the company reported record first-quarter revenue, significantly beating analyst expectations.

• The company announced Q1 2026 revenue of $35.6 billion, a 35% year-over-year increase, driven by surging demand for AI chips from major clients like Apple and Nvidia.
• The strong earnings report is the primary catalyst for the stock's surge, overshadowing the broader market rally linked to hopes of U.S.-Iran de-escalation and falling oil prices.
• The positive results have led analysts to reiterate 'Buy' ratings and raise price targets ahead of the full earnings report scheduled for April 16.