Taiwan Semiconductor Manufacturing Co. recorded a significant uptick in March revenue as the contract chipmaker benefited from strong demand tied to artificial intelligence workloads.
TSMC reported March revenue of T$415.19 billion ($13.07 billion), a 45.2% increase from the same month a year earlier. Month-on-month sales were also robust, rising 30.7% from February.
Those monthly figures helped push the company’s total for the first quarter to T$1.13 trillion, a level that landed slightly above Bloomberg estimates of T$1.12 trillion. By comparison, TSMC reported revenue of T$839.25 billion in the same period a year earlier.
As the world’s largest contract semiconductor manufacturer, TSMC produces chips used across smartphone and consumer electronics supply chains and serves major customers including Apple. In recent periods, however, the company’s results have been particularly influenced by demand for AI-focused processors. Providers building out cloud and AI infrastructure have increased orders for advanced nodes, and those AI-related chips have materially contributed to the company’s revenue growth.
TSMC’s stock has reflected that strength, more than doubling in value over the past 12 months as earnings expanded on the back of heightened AI demand. Investors will get additional detail when the company posts its first-quarter earnings on Thursday, April 16.
The March revenue print and the stronger-than-expected first-quarter total illustrate how concentrated demand for advanced processors can shift the revenue profile of a major foundry. The data released to date show a clear swing in sales driven by AI infrastructure build-out, while also reflecting steady business from smartphone and broader electronics manufacturing customers.
No further guidance or forward-looking figures were provided in the revenue announcement referenced here. Market participants will be watching the formal earnings release for more granular information on customer mix, node-level demand, and margin trends.
Contextual note: The company is a key supplier to AI majors such as Nvidia and is a major supplier to Apple, and these customer relationships are central to the revenue patterns reported above.