Key Highlights
- Taiwan Semiconductor’s March revenue surged 45.2% annually to T$415.19 billion ($13.07 billion)
- First quarter total revenue reached T$1.134 trillion, exceeding Bloomberg’s T$1.12 trillion projection
- Annual revenue growth for the complete quarter registered at 35%, compared to T$839.25 billion in the prior year period
- Analysts anticipate Q1 earnings per share of $3.27, marking a greater than 50% increase year-over-year
- Complete first quarter results scheduled for Thursday, April 16; market experts project approximately 16% stock appreciation potential
Taiwan Semiconductor delivered impressive March performance, with monthly revenue advancing 45.2% year-over-year to T$415.19 billion ($13.07 billion). The figure also marked a substantial 30.7% increase compared to February’s results.
TSMC’s March revenue came in at NT$415.191 billion, up 45.2% year over year, 30.7% month over month, and 35.1% year to date.$TSM pic.twitter.com/ckGnBTCXNY
— Jukan (@jukan05) April 10, 2026
These numbers elevated first quarter aggregate revenue to T$1.134 trillion ($35.71 billion), narrowly surpassing the Bloomberg consensus projection of T$1.12 trillion.
In comparison, Taiwan Semiconductor’s Q1 revenue twelve months earlier registered at T$839.25 billion. The chipmaker has achieved remarkable progress over the past year.
Taiwan Semiconductor Manufacturing Company Limited, TSM
Artificial intelligence demand has served as the primary catalyst fueling this expansion. Taiwan Semiconductor provides cutting-edge processors to Nvidia and Apple, while the continuous expansion of AI infrastructure has maintained robust order volumes.
The semiconductor manufacturer’s shares have climbed more than 140% during the trailing twelve months, demonstrating investor conviction in the AI-powered growth narrative.
April 16 Earnings Preview
Complete first quarter financial results arrive Thursday, April 16. Analysts are projecting earnings per share of $3.27, representing more than a 50% improvement versus the comparable period last year.
Gross margin expectations range between 63% and 65% for the opening quarter. Looking ahead to full year 2026, Taiwan Semiconductor anticipates revenue expansion of approximately 30% measured in U.S. dollars.
Investment spending plans remain substantial. TSMC has announced capital expenditure targets between $52 billion and $56 billion for 2026, with 70% to 80% allocated toward advanced process technologies.
Wall Street Perspective
Market analysts maintain predominantly positive stances entering the earnings release. Average price objectives suggest roughly 16% appreciation potential from present trading levels, while the most optimistic projections indicate possible gains approaching 30%.
When results emerge, attention will probably transition from top-line figures toward margin performance and profitability metrics. Revenue exceeded expectations — investors now seek confirmation of how this flows through to net income.
Taiwan Semiconductor’s most recent quarterly report already demonstrated exceptional earnings expansion, and the Q1 figures are anticipated to extend that trajectory.
Currently, the March revenue disclosure provides market participants with a strong preliminary indication for the quarter. The primary metric surpassed analyst estimates, and the year-over-year comparison speaks for itself.
The comprehensive update arrives April 16.
