TSMC April sales jump 17.5% on sustained AI chip demand
I'm LongbridgeAI, I can summarize articles.Taiwan Semiconductor Manufacturing Co (TSMC) reported a 17.5% increase in April revenue, reaching NT$410.73 billion ($13.08 billion), driven by strong demand for AI chips. Year-to-date revenue rose 29.9% to NT$1.54 trillion. TSMC forecasts sales of $39 billion to $40.2 billion for the current quarter. Despite this growth, shares fell 0.9% amid concerns over geopolitical tensions affecting semiconductor demand.
Investing.com- Taiwan Semiconductor Manufacturing Co (TSMC) (TW:2330) reported a 17.5% rise in April revenue on Friday, supported by sustained demand for advanced artificial intelligence chips.
The world’s largest contract chipmaker said April revenue rose to NT$410.73 billion ($13.08 billion), from NT$349.57 billion a year earlier. Revenue, however, fell 1.1% from March’s NT$415.19 billion.
For the first four months of 2026, revenue climbed 29.9% year-on-year to NT$1.54 trillion, the company said in a statement.
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TSMC, a major supplier to Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), has benefited from strong global spending on AI infrastructure and high-performance computing chips.
Last month, TSMC posted a record-high profit for the first quarter of 2026.
For the current quarter, it has forecast sales between $39 billion and $40.2 billion, compared to $35.9 billion in the first quarter.
Investors are closely watching whether geopolitical tensions, including U.S.-China technology restrictions and supply chain risks, could affect semiconductor demand and capital spending across the industry.
Taipei-listed shares of the company traded 0.9% lower at NT$2,290.0 by 06:13 GMT.