Taiwan Semiconductor (TSMC) reported Q1 net income of NT$572.48B (up 58%) and revenue of ~NT$35B (up 35%), beating estimates. Advanced-node chips (7nm and below) comprised ~74% of wafer revenue; high‑performance computing (AI/5G) made up 61% of sales and 3nm alone contributed 25%. Management reiterated multi‑year AI-driven demand, forecasted full‑year 2026 revenue growth of more than 30% in USD, guided Q2 revenue of $39–$40.2B (~10% sequential growth), signaled capex at the upper end of its $52–$56B range, and plans factory expansions in Taiwan, the U.S. and Japan while saying near‑term Middle East risks are not expected to disrupt operations.

Q1 results materially beat estimates with net income +58% and revenue +35%; advanced-node and HPC (AI/5G) accounted for the majority of sales (74% and 61%), 3nm contributed 25%, company raised capex guidance and gave a strong 2026 revenue growth forecast (>30% USD), all concrete fundamentals likely to move equity prices.