Taiwan Semiconductor Manufacturing Co., Ltd.TWSE: 2330

TSMC posts 30 percent profit growth thanks to sustained demand for AI chips

· Issued by Taiwan Semiconductor Manufacturing Co., Ltd.

Copyright © BusinessAMBE 2023

Key takeaways

  • TSMC’s profit in May rose by more than 30 per cent thanks to strong demand for AI hardware.
  • Total revenue amounted to 1.96 trillion New Taiwan dollars (roughly 53.6 billion euros) in the first five months of 2026.
  • Partnerships with Apple and Nvidia reinforce the company’s dominant position in the AI ecosystem.

Driven by massive demand for advanced semiconductors and artificial intelligence hardware, Taiwan Semiconductor Manufacturing Co (TSMC) saw its profit in May increase by 30.1 per cent compared with last year.

Monthly revenue

The world leader in contract-based chip manufacturing announced that monthly revenue came to 416.98 billion New Taiwan dollars (around 11.4 billion euros), a modest increase of 1.5 per cent compared with April’s figures.

Consistent growth

This growth trend has remained consistent during the first part of the year. In the first five months of 2026, the company’s total revenue amounted to 1.96 trillion New Taiwan dollars (around 53.6 billion euros), an increase of 30 per cent compared with the same period last year.

Such financial gains illustrate the ongoing urgency among tech giants to expand their computing infrastructure, fuelling a sharp rise in orders for high-end chips.

Strategic role in the AI ecosystem

As the main manufacturing partner for industry giants such as Apple and Nvidia, TSMC plays a central role in the expansion of AI. Despite the volatility of international trade policy and possible import tariffs, the company previously predicted that second-quarter revenue would lie between 27.2 and 28 billion euros, relying on the continued necessity of its most advanced manufacturing processes.

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