TSMC Reports Record Revenue for March and Q1 2026

Taiwan Semiconductor Manufacturing Co. (TSMC) has posted record-breaking revenue figures for both March and the first quarter of 2026, driven by strong demand for advanced chips used in artificial intelligence (AI) and high-performance computing (HPC).

For March, TSMC's consolidated revenue hit NT$415.19 billion (approximately $13.4 billion USD), marking a 30.7% month-on-month increase and a 45.2% year-on-year rise. This brings the total revenue for the first quarter of 2026 to NT$1.1341 trillion (roughly $36.6 billion USD), a 35.1% increase from the same period in 2025. Both monthly and quarterly revenues have set new all-time highs, further underscoring the continued strength in AI and HPC demand, with expectations remaining strong heading into the second quarter.

Looking at the monthly performance, TSMC's revenue in January stood at NT$401.26 billion, dipping to NT$317.66 billion in February—a seasonal fluctuation—before rebounding strongly in March. This March result surpassed the previous record of NT$367.47 billion set in October 2024.

The first-quarter performance also exceeded TSMC's guidance, which had projected revenue in the range of $34.6 billion to $35.8 billion USD. With an exchange rate of NT$31.6 per USD, the actual first-quarter revenue of NT$1.1341 trillion slightly surpassed the top end of the forecast, signaling stronger-than-expected demand driven by AI.

As TSMC gears up for its investor conference on April 16, all eyes will be on the company's full first-quarter financial results, its outlook for Q2, and insights into the sustainability of AI-driven demand. Investors will also be closely monitoring discussions on advanced node utilization rates, capital expenditure plans, capacity expansion, and the potential impact of currency fluctuations.

（Related： Opinion | Musk Isn't Trying to Beat TSMC. He's Trying to Surround It ｜ Latest ）