TSMC Q1 Revenue Surges 35% to NTD1.134T, March Sales Up 45%
TSMC reported Q1 revenue of NTD1.134T, up 35% YoY, marking the first quarterly sales above NTD1T, while March revenue jumped 45% to about $13B, exceeding guidance. The stock rallied 21% in April as AI chip demand fueled sector-wide gains.
1. Record Quarterly Sales
Taiwan Semiconductor reported Q1 revenue of NTD1.134 trillion, up 35% year-over-year, marking the first time quarterly sales exceeded the trillion-NTD threshold and surpassing the high end of company guidance.
2. Strong March Revenue Growth
Monthly revenue in March climbed 45% year-over-year to roughly $13 billion, driven by accelerating demand for advanced AI and memory chip production.
3. Stock Rally and Future Outlook
TSMC shares jumped 21% in April, outperforming semiconductor peers as investors anticipate sustained AI-driven growth and potential capacity expansions later in the year.