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TSMC Posts 30% Jan–Feb Sales Gain on AI Chip Demand

Analysts say smartphone and PC softness from higher memory costs makes March pivotal for meeting first‑quarter targets.

Overview

  • February revenue reached NT$317.66 billion, up 22.2% year over year but down 20.8% from January, a dip consistent with seasonal order timing.
  • Combined January–February sales totaled NT$718.91 billion, slightly behind the pace implied by ~33% growth expected for the quarter.
  • TSMC’s board approved a NT$6.0 per‑share quarterly dividend and authorized roughly US$45 billion in capital spending to expand advanced capacity and packaging.
  • Management said current tensions involving the United States, Israel, and Iran are not expected to materially affect operations, with conditions monitored closely.
  • Plans for a new fab in Tainan advanced to environmental review, with a committee meeting set for March 26 and project completion targeted for 2028 after construction begins later this year.