Key Highlights
- Taiwan Semiconductor’s March revenue surged 45.2% annually, reaching T$415.19 billion ($13.07 billion)
- First quarter total revenue achieved T$1.134 trillion, exceeding Bloomberg projections of T$1.12 trillion
- Annual revenue growth for the complete quarter reached 35%, compared to T$839.25 billion in the prior year period
- Analysts anticipate Q1 earnings per share of $3.27, reflecting over 50% growth year-over-year
- Complete first quarter financial results scheduled for Thursday, April 16; market analysts project average 16% stock appreciation potential
Taiwan Semiconductor delivered robust March performance, with revenues advancing 45.2% year-over-year to T$415.19 billion ($13.07 billion). The figure also marked a 30.7% sequential 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 figures elevated the company’s first quarter aggregate revenue to T$1.134 trillion ($35.71 billion), marginally surpassing the Bloomberg consensus forecast of T$1.12 trillion.
In the corresponding quarter last year, Taiwan Semiconductor recorded Q1 revenue of T$839.25 billion. The chipmaker’s trajectory over the past twelve months demonstrates remarkable acceleration.
Taiwan Semiconductor Manufacturing Company Limited, TSM
Artificial intelligence demand continues serving as the primary catalyst for this expansion. Taiwan Semiconductor provides cutting-edge semiconductor solutions to major technology players like Nvidia and Apple, with the continuous expansion of AI infrastructure maintaining 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.
Upcoming April 16 Earnings Release
Complete first quarter financial results are scheduled for Thursday, April 16. Wall Street consensus projects earnings per share of $3.27, representing an increase exceeding 50% versus the comparable year-ago period.
Gross margin expectations range between 63% and 65% for the first quarter. Looking ahead to fiscal 2026, TSMC anticipates approximately 30% revenue expansion measured in U.S. dollar terms.
Capital investment plans remain substantial. The company has designated $52 to $56 billion for 2026 capital expenditure, with 70% to 80% allocated specifically toward advanced process technology development.
Wall Street Perspective
Market analysts maintain predominantly positive outlooks approaching the earnings announcement. Average price targets suggest approximately 16% appreciation potential from present valuations, while the most optimistic projections indicate possible gains approaching 30%.
When financial results are released, attention will probably transition from revenue performance to margin sustainability and profitability metrics. While revenue exceeded projections, shareholders are eager to understand the earnings implications.
Taiwan Semiconductor’s most recent quarterly report already demonstrated exponential earnings expansion, with Q1 figures expected to maintain this positive momentum.
Currently, the March revenue disclosure provides market participants with valuable preliminary quarter insights. The headline figure surpassed consensus estimates, and the year-over-year comparison presents a compelling picture.
Official financial results arrive April 16.
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