TSMC Q1 Revenue Soars 35% to NT$1.13 Trillion on AI Demand
Taiwan Semiconductor reported Q1 revenue of NT$1.13 trillion, a 35% year-on-year increase driven by AI chip demand, with March sales up 45% from last year. Concurrently Taiwan's exports hit a record $80.2 billion in March, up 62%, as AI-related component shipments to the US surged 124%.
1. Q1 Revenue Growth
Taiwan Semiconductor reported first quarter revenue of NT$1.13 trillion, up 35% year-on-year, boosted by robust orders for advanced AI chips. March alone saw revenue rise 45% compared to March last year, reflecting strong late-quarter demand.
2. Record Export Surge
Taiwan’s export value climbed 62% year-over-year to $80.2 billion in March, driven primarily by AI-related components. Exports to the US jumped 124%, widening the trade surplus to $23.4 billion.
3. AI Demand Impact
Continued global investment in AI infrastructure has underpinned growth for contract chip manufacturers, with TSMC supplying processors to major cloud and AI firms. This sustained demand for high-performance nodes supported margin expansion expectations.
4. Risks and Outlook
Potential supply disruptions of critical inputs like natural gas and helium could tighten output in coming months. TSMC will host its earnings call on April 16, offering updated guidance amid evolving cost and supply dynamics.