TSMC’s 30% Revenue Jump Fuels NVIDIA Chip Supply; Q1 Sales Forecast of $78 B
TSMC’s combined revenue for January and February reached NT$718.91 billion, a 30% year-over-year increase driven by AI chip demand from customers including NVIDIA. NVIDIA forecast first-quarter sales of $78 billion ±2% and approved a fiscal 2027 plan tying CEO Jensen Huang’s $4 million cash bonus to revenue targets.
1. TSMC Revenue Growth and NVIDIA Impact
Taiwan Semiconductor reported combined January-February revenue of NT$718.91 billion, up 30% year-over-year, with February sales at NT$317.66 billion, a 21% sequential decline but 22% above prior-year levels. Strong AI infrastructure demand from major clients like NVIDIA underpinned the surge, easing chip supply constraints.
2. NVIDIA’s Q1 Sales Forecast
Following a better-than-expected January quarter, NVIDIA set first-quarter revenue guidance at $78 billion ±2%, signaling continued strength in data-center and AI processor sales. This forecast exceeds many street estimates and underscores sustained corporate spending on artificial intelligence hardware.
3. CEO Compensation Plan for Fiscal 2027
The board approved a new variable compensation plan for fiscal 2027 that establishes a $4 million target cash bonus for CEO Jensen Huang, contingent on achieving specified revenue milestones. This structure aligns executive incentives with continued top-line growth in the coming fiscal year.