Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a solid increase in April revenue on Friday as continued demand for advanced artificial intelligence semiconductors supported sales growth.
The world’s largest contract chip manufacturer said April revenue reached NT$410.73 billion ($13.08 billion), representing an increase of 17.5% compared with NT$349.57 billion recorded in the same month last year. On a monthly basis, however, revenue slipped 1.1% from NT$415.19 billion in March.
According to the company’s statement, revenue for the first four months of 2026 rose 29.9% year over year to NT$1.54 trillion.
AI infrastructure spending continues to support growth
TSMC, which supplies major technology companies including Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), has continued to benefit from strong global investment in artificial intelligence infrastructure and high-performance computing chips.
The company reported record quarterly profit for the first quarter of 2026 last month, highlighting the ongoing strength of demand tied to AI-related technologies.
For the current quarter, TSMC expects revenue between $39 billion and $40.2 billion, compared with $35.9 billion generated during the first quarter.
Investors monitor geopolitical and supply chain risks
Market participants remain focused on whether geopolitical tensions could eventually weigh on semiconductor demand and industry investment.
Investors are particularly watching the impact of ongoing U.S.-China technology restrictions, along with broader supply chain risks that could affect global chip production and capital spending plans across the semiconductor sector.
Shares of TSMC listed in Taipei were down 0.9% at NT$2,290.0 by 06:13 GMT.