2026-04-16 18:41:59
TSMC Reports 58% Profit Surge in Q1 2026, Driven by AI Chip Demand
TSMC reported a net profit of NT$572.5 billion for Q1 2026, a 58% increase year-over-year. The company expects over 30% revenue growth and is investing significantly in new facilities to meet high AI chip demand amid geopolitical concerns.