The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at TSMC Museum of Innovation in Hsinchu, Taiwan April 9, 2026. REUTERS
TAIPEI, April 10 (Reuters) – TSMC, the world’s largest contract chipmaker, reported on Friday first-quarter revenue of T$1.134 trillion ($35.71 billion), beating the market forecasts and up 35% on the year ago period on surging interest in artificial intelligence (AI) applications.
An LSEG SmartEstimate, drawn from 20 analysts, had predicted first-quarter revenue of T$1.125 trillion.
Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple.
Reporting by Ben Blanchard and Faith Hung; Editing by Christian Schmollinger
