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Taiwan Semiconductor Manufacturing Company reported Q1 2026 profit of NT$572.48 billion (about $18.11 billion), up 58.3% from a year earlier and a record for the world's largest contract chipmaker. It was the company's fourth consecutive record quarter.
Revenue reached NT$1.134 trillion (about $35.7 billion), up 35% year over year. Three-nanometer chips accounted for 25% of wafer revenue, while advanced nodes (3, 5 and 7 nanometer combined) represented 75%, underscoring how rapidly leading-edge demand is concentrating at the top of the stack.
TSMC raised its full-year 2026 revenue growth forecast to more than 30% in US dollar terms, citing strong AI chip demand. Apple remains a major customer, but the AI segment now drives most of the upside the company is willing to publicly project.
The results landed even as the Iran war and global trade volatility weighed on adjacent industries. Executives credited the company's diversified customer base for keeping demand from softening.
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