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TSMC Reports 58% Profit Surge, Expands AI Chip Production

4/16/2026

Summary

Story summary

Taiwan Semiconductor Manufacturing Company (TSMC) reported 58% profit rise for January–March 2026, reaching NT$572.5 billion (US$17.23 billion).
Revenue rose to NT$1.134 trillion, beating expectations due to strong AI infrastructure demand.
TSMC plans US$52–US$56 billion in capital expenditure this year to sustain AI demand.
The company will expand production with a new chip fabrication plant in Tainan, Taiwan.
TSMC plans to manufacture 3-nanometre chips in Japan.

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Story summary

Taiwan Semiconductor Manufacturing Company (TSMC) reported 58% profit rise for January–March 2026, reaching NT$572.5 billion (US$17.23 billion).
Revenue rose to NT$1.134 trillion, beating expectations due to strong AI infrastructure demand.
TSMC plans US$52–US$56 billion in capital expenditure this year to sustain AI demand.
The company will expand production with a new chip fabrication plant in Tainan, Taiwan.
TSMC plans to manufacture 3-nanometre chips in Japan.