May revenue increased 30% to NT$416.98 billion ($13.2 billion), lifting combined April-May sales roughly 24% year-over-year. Shares fell 1.3% as Taiwan considers stricter export controls on AI chips to China, even after TSMC raised full-year sales guidance and analysts project 35% Q2 sales growth.
In May, TSMC reported revenue of NT$416.98 billion ($13.2 billion), a 30% increase over May last year. Combined sales for April and May rose about 24% year-over-year, underscoring robust demand for advanced chips powering AI and data centers.
Shares fell 1.3% in overnight trading after news of potential stricter export controls on AI chip sales to China increased regulatory uncertainty for TSMC’s key markets. Proposed measures aim to strengthen Taiwan’s ability to curb illegal rerouting of advanced AI hardware, aligning with existing U.S. restrictions.
In April, TSMC raised its full-year sales guidance and indicated capital spending toward the upper end of its NT$56 billion 2026 forecast range. Analysts forecast 35% sales growth in Q2, reflecting sustained ordering from major cloud and AI customers such as Alphabet, Amazon and Microsoft.
