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TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run

TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow. Grouped from 2 articles across 2 sources.

2 reports2 sourcesApr 16, 2026, 12:23 PM
FilterCNBC
Clustered coverageCNBC, Euronews
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CNBCApr 16, 2026, 12:23 PM

TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run

TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.

EuronewsApr 16, 2026, 11:01 AM

Fresh demand for AI pushed world's largest chipmaker TSMC's profit up by 58%

The Taiwan-based chipmaker reported record revenue and profit, driven largely by strong demand for artificial intelligence chips and orders from major customers including Apple and Nvidia.

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