TSMC Q1 Profit Surges 58%, Hitting Record on AI Demand

TSMC reported Q1 revenue of NT$113.4 billion (roughly $35 billion) and net profit of NT$572.48 billion, marking four consecutive quarters of record highs. Despite geopolitical headwinds, robust AI chip demand remained unshaken. The company raised its full-year guidance to above 30% growth in USD terms.