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AI demand lifts Taiwan Semiconductor Manufacturing Company April revenue by 17.5 pc

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Taipei [Taiwan], May 8 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, on Friday reported consolidated revenue of NT$410.73 billion (around USD 13.1 billion) for April 2026, registering a 17.5 per cent year-on-year increase driven by continued demand for advanced semiconductor technologies and artificial intelligence applications.

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The company said April revenue, however, declined 1.1 per cent sequentially from NT$415.19 billion (approx. USD 13.2 billion) recorded in March 2026.

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According to the company's latest revenue report, cumulative revenue for the January-April 2026 period reached NT$1.544 trillion (approximately USD 49.2 billion), marking a sharp 29.9 per cent rise compared with the corresponding period last year.

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TSMC's robust annual growth comes amid sustained global demand for high-performance computing chips, AI accelerators, and next-generation smartphone processors, sectors where the Taiwanese foundry giant remains a dominant supplier.

TSMC supplies semiconductors to several major technology companies worldwide and plays a critical role in the global electronics supply chain. The company has benefited significantly from rising investments in artificial intelligence infrastructure, cloud computing and data centre expansion over the past year.

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The April revenue figures also indicate continued resilience in Taiwan's semiconductor sector despite broader global concerns surrounding geopolitical tensions, trade restrictions and supply-chain diversification efforts by several countries.

The company's April 2025 revenue stood at NT$349.56 billion (approx. USD 11.1 billion), while revenue for the first four months of 2025 totalled NT$1.188 trillion (approx. USD 37.8 billion), according to the report released by the company. (ANI)

(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)

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