TSMC Earnings

FILE -A building of TSMC or Taiwan Semiconductor Manufacturing Corp., a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on Thursday, Jan. 29, 2026.

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Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs. Taiwan Semiconductor Manufacturing Corp., a key supplier for Apple and Nvidia and the largest contract chipmaker in the world, reported a record net profit of 572.5 billion new Taiwan dollars ($18.1 billion) for the last quarter, better than analysts had expected. The company said AI-related demand continues to be “extremely robust”. It has been expanding chip fabrication plants in the U.S., Japan and Taiwan.