TSMC Q1 Results: World's largest contract chipmaker posts 58% YoY rise in profit to record $18.2 billion
Published on 16/04/2026 12:18 PM
TSMC, the world's largest contract chipmaker, posted a 58% jump in first-quarter net profit on Thursday, beating market forecasts and hitting a record, as it benefits from huge appetite globally for its artificial intelligence processors.
Taiwan Semiconductor Manufacturing Co , whose customers include Nvidia and Apple, saw January-March net profit rise to T$572.5 billion ($18.2 billion).
The profit handily beat a T$543.3 billion LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.
($1 = 31.5180 Taiwan dollars)
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories