For January to March, the world’s largest chipmaker reported revenue of 1.13 trillion new Taiwan dollars ($35.6 billion), exceeding analyst forecasts of 1.12 trillion new Taiwan dollars, according to LSEG’s compiled estimates. That marks a 35% year-on-year increase.<\/p>\n
For March alone, TSMC reported a 45.2% year-on-year rise in revenue to 415.2 billion new Taiwan dollars. <\/p>\n
The chip giant is benefiting from sustained demand for advanced semiconductors from its key customers like Apple<\/a> and Nvidia<\/a>, even as concerns persist about supply chain disruptions from the Middle East conflict and the potential impact it will have on demand. <\/p>\n “We think TSMC will easily exceed its 30% annual growth target,” Sravan Kundojjala, an analyst at SemiAnalysis, told CNBC by email.<\/p>\n “While smartphone and PC end markets took a hit due to memory shortages,” the AI segment of TSMC’s business “pulled the weight,” Kundojjala added.<\/p>\n TSMC manufactures chips for everything from consumer electronics to data centers, and has been a major beneficiary of the hundreds of billions of dollars being poured into AI infrastructure. <\/p>\n It is one of a very small number of companies that can manufacture the most cutting-edge chips. <\/p>\n TSMC has also reportedly hiked prices for its most advanced chips, which is a “big factor” behind the first-quarter sales beat, Kundojjala said, adding that he is forecasting TSMC to report gross margins of 64% for the first quarter.<\/p>\n There is an increasing number of players designing their own chips, from hyperscalers like Google<\/a> to Arm<\/a>, which used to provide the blueprint for certain semiconductors, coming to market with its own central processing unit (CPU)<\/a>. AI firm Anthropic is also exploring designing its own chip, Reuters reported<\/a>, while a long tail of startups are bringing new products to market aimed at the area of AI inferencing<\/a>. <\/p>\n Much of the manufacturing will have to go through TSMC, or its competitors like Samsung and Intel<\/a>. <\/p>\n TSMC releases monthly revenue figures but offers little commentary or profitability numbers. The company will report its full first-quarter earnings on April 16. <\/p>\n Investors will also be eying earnings from ASML<\/a> next week, a company seen as a bellwether in the semiconductor space. The Dutch giant makes machines that are critical for companies like TSMC to manufacture the most advanced chips in the world. <\/p>\n![\"TSMC](\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/04\/1775813725_369_108287441-1775501155652-Photo_16.jpg\")
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