Taiwan Semiconductor Manufacturing Co (TSMC) reported record first-quarter revenue of T$1.134 trillion ($35.71 billion). This figure represents a 35% year-over-year increase and exceeded market expectations.
Relentless demand for advanced chips in artificial intelligence servers and data centers drove the growth. Major clients like Nvidia continue to invest heavily in AI infrastructure.
The performance signals resilient capital spending in the technology sector despite economic and geopolitical concerns. Analysts expect strong orders for TSMC’s advanced-node chips to continue through 2026.