TSMC beats Q1 forecasts and guides Q2 above consensus on AI demand
TSMC posted T$572.5 billion in first-quarter net profit, guided second-quarter revenue to US$39.0 billion-US$40.2 billion above consensus, and said capex over the next three years will be significantly higher as AI demand drives expansion.
From the sources (25 posts)
@alojohWe beat Wall Street again. Our TSMC forecast was way ahead of them. Unfortunately, WS ended up at exactly our number. The difference is that we were at that number right after Q4 earnings. Slowstreet over time near earnings only traded up t
@alojohJust in: TSMC is up over 2% in pre-market on providing Q1 results which inclued a very strong Q2 guidance and is now within 1% of all-time high. We'll be sharing a financial deep dive, updated outlook, valuation analysis, and our assessment
@firstsquawkTSMC signals intent to add additional fabs in Arizona.
@firstsquawkTSMC reports memory price hikes are influencing the PC and smartphone sectors.
@firstsquawkTSMC reports it is building capacity in line with customer needs.
@wallstengineTSMC SAYS CAPEX OVER THE NEXT 3 YEARS WILL BE “SIGNIFICANTLY HIGHER” THAN THE LAST 3 YEARS, WHEN IT SPENT $101B.
@firstsquawkTSMC expresses confidence in the AI megatrend, stating that capex in the coming three years will exceed the last three years by a wide margin.
@dnystedt18/ TSMC 3-year capex forecast CFO: We expect capex in the next 3-years to be “significantly higher than the last 3-years” -Last 3-years was US$101 billion
@firstsquawkTSMC notes awareness of strong technological offerings from competitors.
@firstsquawkTSMC states it is focused on meeting ongoing customer demand.
@dnystedt16/ TSMC on Tesla – Intel tie-up -“Both Intel and Tesla are TSMC customers, but again they are both our competitors.” -Intel is a tough competitor and we won’t underestimate them. -Still takes 2-3 years to build a fab -Both companies remai
@firstsquawkTSMC notes that demand is still rising.
@wallstengineTSMC EXPECTS 2026 CAPEX TOWARD THE HIGH END OF ITS $52B TO $56B RANGE.
@firstsquawkTSMC highlights significant customer interest in A14, which is scheduled for volume production in 2028.
@wallstengineTSMC SEES 2026 SALES TO GROW BY 32% YoY
@firstsquawkTSMC states it will keep optimizing manufacturing capacity as part of its strategy.
@dnystedt10/ TSMC Chairman C.C. Wei -Full year 2026 revenue will rise by over-30% year-on-year in US$ -Rising component prices remain a concern - “AI related demand continued to be extremely robust” -Demand leads to another “step up” in demand -Clou
@dnystedt9/ TSMC on Middle East impact -Gases and energy prices to increase but currently unable to estimate how much -Specialty gases, Helium and Hydrogen sourced from multiple locations and have safety stock on hand. - Does not expect any near te
@firstsquawkTSMC announces a new N3 manufacturing plant in Tainan, Taiwan.
@firstsquawkTSMC is stepping up investment to raise N3 capacity amid robust AI demand.
@firstsquawkTSMC expects stronger 2026 growth, projecting over 30% revenue increase in dollar terms.
@firstsquawkTSMC highlights robust demand visibility from both direct clients and end customers.
@firstsquawkTSMC highlights continued extremely robust AI demand.
@wallstengineRT @wallstengine: $TSM | TSMC Q2 Guide: 🔹 Revenue: $39.0B-$40.2B (Est. $38.1B) 🟢 🔹 Gross Margin: 65.5%-67.5% 🔹 Operating Margin: 56.5%-58.…
@firstsquawkThe chipmaker TSMC reports cautious planning amid Middle East geopolitical tensions.