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

Partnerships with Apple and Nvidia reinforce the company’s dominant position in the AI ecosystem

Trade

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% compared with last year.

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

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), an increase of 30% 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.

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 €27.2-28 billion euros, relying on the continued necessity of its most advanced manufacturing processes.

Business AM

Read More: Results TSMC