Overview
- TSMC, which reported Friday, logged NT$1.134 trillion ($35.7 billion) in first‑quarter revenue, topping LSEG consensus and marking a 35% jump from a year ago.
- March sales rose 45.2% year over year to NT$415.2 billion, capping a strong finish that underscores heavy demand for advanced chips used in AI data centers.
- Analysts credit robust orders from major customers such as Nvidia and Apple and note reported price increases on leading‑edge nodes, with some forecasting gross margins in the mid‑60s percent.
- Shares rose about 2.3% on the announcement and are up roughly 29% this year, while some forecasts now pencil in a record April–June revenue near NT$1.2 trillion pending the April 16 earnings call.
- Capacity remains tight at cutting‑edge nodes and supply‑chain risks from the Middle East could lift costs, and coverage also highlights customer concentration with Nvidia now estimated at roughly 22% of TSMC revenue.