Taiwan Semiconductor Manufacturing Company’s U.S.-listed shares moved higher Friday after the chipmaker published its March 2026 monthly sales update, showing a sharp acceleration in revenue growth. March revenue rose 45.2% year over year to NT$415.19 billion, and first-quarter 2026 revenue totaled NT$1,134.10 billion, up 35.1% versus the prior year’s quarter.

The monthly sales print is being treated as a near-term demand barometer ahead of the company’s next earnings report. TSMC is scheduled to report first-quarter results on Thursday, April 16, putting investor focus on whether the strong Q1 run-rate supports sustained growth expectations into the rest of 2026.

With the March and Q1 revenue figures in hand, the market’s next key inputs are management commentary on order visibility, capacity utilization, and pricing/mix—especially for advanced-node and AI-related workloads. Any signals on upside to prior 2026 expectations, or improved profitability tied to higher-value production, could be the next catalyst.