The strong performance reflects continued demand for advanced semiconductor technologies, particularly in artificial intelligence and high-performance computing applications.
The world’s largest contract chipmaker’s revenue growth significantly outpaced industry averages, demonstrating its dominant position in cutting-edge process nodes. TSMC’s sales surge comes amid global semiconductor market recovery, with the company benefiting from both increased wafer shipments and favorable product mix toward premium-priced 3nm and 5nm technologies.
Analysts suggest the results position TSMC for potential record quarterly revenue in Q2 2024, with May’s figures representing about 34% of the company’s guided US$19.6-20.4 billion second-quarter revenue range. The sustained growth reinforces TSMC’s critical role in global tech supply chains as AI-related chip demand continues to drive capacity utilization at its fabs.
Related topics：
