“TSMC Crushes Q1 Estimates, AI Demand Drives 30% Growth Outlook”
June 11, 2026
“Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) raised its 2026 sales growth outlook to above 30% and reported first-quarter results that topped estimates, as demand tied to artificial intelligence continued to support its business.
TSMC posted Q1 earnings per share of NT$22.08, or about $0.70, above the Street’s estimate of NT$20.88. Gross margin came in at 66.2%, also ahead of forecasts, while the company said Q2 revenue should range from $39 billion to $40.2 billion, above analysts’ expectations. March sales also left first-quarter revenue slightly ahead of market estimates…”