TSMC’s 35% Revenue Jump and Nvidia’s $40B AI Investment Plan
TSMC’s first-quarter revenue surged 35% to $35.9 billion and net profit rose 58.3% to NT$572.5 billion as it lifts its full-year revenue growth forecast above 30% and commits up to $56 billion in capex, expanding capacity for Nvidia’s AI chips. Nvidia CEO Jensen Huang outlined over $40 billion in AI investments, including $30 billion in OpenAI and $10 billion in Anthropic stakes, underlining the company’s broad AI ecosystem play.
1. TSMC’s Strong Q1 Performance
TSMC reported first-quarter revenue of $35.9 billion, up 35% year-over-year, and a record net profit of NT$572.5 billion, a 58.3% increase. The company raised its full-year revenue growth forecast to over 30% and indicated capex will reach the high end of its $52–56 billion guidance to meet surging AI chip demand from customers such as Nvidia.
2. Nvidia’s Broad AI Investment Strategy
Nvidia CEO Jensen Huang emphasized a diversified investment approach, committing approximately $30 billion to OpenAI and $10 billion to Anthropic, along with stakes in other AI startups. Huang argued this all-in strategy positions Nvidia across the entire generative AI landscape rather than backing single winners.