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TSMC April Sales Jump 17% on AI Chips as Q2 Outlook Holds

Demand for 7nm‑class parts is pushing spending plans toward $56 billion.

Overview

  • TSMC reported April revenue of NT$410.73 billion on Friday, up 17.5% year over year and down 1.1% from March.
  • Cumulative sales for January through April reached NT$1.54 trillion, which is a 29.9% increase from a year earlier.
  • The company kept second‑quarter revenue guidance at $39.0 billion to $40.2 billion, and analysts cited by Bloomberg expect roughly 35% year‑over‑year growth for the June quarter.
  • Advanced chips made on 7nm and smaller processes drove most wafer revenue, reflecting AI orders from Nvidia, Apple, and AMD; these smaller nodes pack more transistors, which boosts speed and power efficiency.
  • TSMC signaled capital spending could land near the high end of guidance at about $56 billion to add advanced capacity, and the stock is up more than 35% this year with an average analyst target near $465, though investors still flag U.S.–China export limits and supply‑chain risks.