TSMC reported record Q1 2026 revenue of $35.9B, up 40.6% year over year, with net income surging 58.3%.
Gross margin hit 66.2%, surpassing guidance and prompting an upward revision to long-term margin targets.
Q2 2026 revenue is guided at $39.0B to $40.2B, well above the $38.1B analyst consensus.
Full-year 2026 revenue growth guidance was raised to above 30% in USD terms on robust AI demand.
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TSMC posted record Q1 results, beat estimates, and raised its full-year outlook. CEO CC Wei called AI demand "extremely robust". Here is what it means for SMH.
