TSMC Posts Net Profit of 2.67 Trillion Won on Surging Semiconductor Demand, Up 58% Year-on-Year

by Ryu Hyunseok

Published 16 Apr.2026 15:33(KST)

TSMC's net profit for the first quarter surged 58% year-on-year, hitting an all-time high.

Reuters Yonhap News

On April 16, TSMC announced that its net profit for the first quarter reached 572.5 billion Taiwan dollars (approximately 2.67 trillion won), marking a 58% increase compared to the same period last year. This figure exceeds the 542.4 billion Taiwan dollars forecast compiled by Bloomberg. During the same period, revenue rose 35.1% to 1.1341 trillion Taiwan dollars.

This growth is attributed to the soaring demand for semiconductors used in artificial intelligence (AI). The company has now posted double-digit growth for eight consecutive quarters.

Bloomberg assessed that these results could help ease concerns that demand for AI data centers and iPhones might weaken due to a prolonged crisis in the Middle East.

The war involving Iran is putting pressure on global maritime shipping lanes and energy prices. As a result, investors are watching closely to see whether these impacts will spread to the spending plans of major technology companies.

Additionally, foreign media have analyzed that there is rising interest in whether TSMC's investment plans will be maintained or even raised. Changes in this year's capital expenditures (CAPEX) are seen as an indicator of management’s confidence in long-term AI demand.

Back in January, TSMC stated that its capital expenditures for this year would range between 52 billion and 56 billion US dollars, which represents an increase of up to 37% compared to the previous year.