TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
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By Dylan Butts
Published on April 16, 2026.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 58% increase in its first-quarter profit, surpassing estimates and reaching a new record of NT$1.134 billion. The company's revenue also rose significantly, surpasses its 35% year-on-year revenue figure. Despite concerns about potential supply chain disruptions from the Middle East conflict and potential economic impact on demand, the company has maintained strong demand for advanced semiconductors from key customers such as Apple.
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