TSMC January Revenue Rises 37% as AI-Driven Exports Surge 70%
Taiwan Semiconductor saw January revenue rise 37% as AI-driven exports from Taiwan surged 70%, prompting the foundry to plan higher capital spending in 2026. Taiwan’s government lifted its 2026 GDP growth forecast to 7.71% and projects exports to jump 22.22%, reinforcing demand for advanced semiconductors.
1. AI-Driven Export Boom
Taiwan’s total exports climbed 70% in January, the fastest pace in 16 years, as global demand for AI-related hardware accelerated. Taiwan Semiconductor remains the dominant contract chipmaker, capturing outsized share of this surge in AI-driven shipments.
2. TSMC January Revenue Jump and CapEx Plans
TSMC reported a 37% year-over-year increase in January revenue and announced plans to boost capital spending in 2026 to support expanding capacity for advanced nodes used by Nvidia, Apple and other major customers.
3. Government Growth and Export Forecasts
Taiwan’s budget agency raised its 2026 GDP growth outlook to 7.71% from 3.54% and projected exports will grow 22.22% next year, while inflation is seen below the central bank’s 2% target, signaling durable demand for semiconductors.
4. Nvidia Expansion and Local Partnership
The Taipei government granted Nvidia a 50-year lease at the Beitou-Shilin Technology Park with NT$12.2 billion in royalties; Nvidia plans to invest over NT$40 billion and create 10,000+ jobs, deepening collaboration with TSMC on AI projects.