+59% for TSMC !

Explosive Growth: TSMC Announces a 59% Increase in Revenue in April

Taiwanese semiconductor giant TSMC has announced a remarkable 59% increase in its revenue in April compared to the previous year, driven by strong demand for chips powering artificial intelligence hardware. This announcement, made on Friday, underscores the crucial role of the company in the global semiconductor landscape, with its chips fueling a wide range of devices, including those from tech giants like Apple and Nvidia.

The Power of AI: TSMC at the Heart of the AI Chip Gold Rush

Consolidated revenues for April amounted to approximately NT$236.02 billion (USD 7.2 billion), marking a significant increase compared to the same period last year. This impressive growth follows a notable 34.3% year-over-year increase in March 2024. TSMC had previously revealed a 13% year-over-year revenue increase for the first quarter, reaching USD 18.87 billion, with expectations of additional growth of 27.6% in the second quarter.

TSMC: A Pillar of the Technological Revolution with Ambitious Growth Forecasts

The strong demand for TSMC’s chips is closely linked to the rapid rise of AI technology, partly driven by the remarkable success of OpenAI’s ChatGPT. This surge has sparked what can only be described as an AI gold rush, with companies worldwide vying for cutting-edge chips essential to power AI applications.

Innovation and Expansion: TSMC’s Latest Technological Advancements Unveiled

Based in Hsinchu, TSMC has navigated through a period of moderate demand for personal electronics, partially offset by the demand for Nvidia Corp’s highly sought-after AI chips. As a result, TSMC’s stocks reached record levels in April, fueled by its crucial role in the AI technology landscape. Notably, the company is the exclusive producer of Nvidia’s most advanced training chips.

Lucrative Investment: TSMC’s Stock on the Rise

Looking ahead, TSMC has unveiled ambitious plans, including the launch of production for its revolutionary chip manufacturing technology “A16” in the second half of 2026. Analysts have suggested that TSMC’s latest technological advancements could challenge assertions made by Intel Corp in February regarding its new “14A” technology surpassing that of TSMC.

TSMC: Beyond Expectations – A Promising Future in the Semiconductor World

Furthermore, TSMC has introduced innovative technology aimed at boosting the speed of AI chips by providing power to computer chips from the back. This groundbreaking development is expected to be available by 2026, further cementing TSMC’s position at the forefront of semiconductor innovation. Investors have quickly recognized TSMC’s potential, with a remarkable 68% increase in the company’s stock over the past 12 months.

TSMC: Beyond Expectations – A Promising Future in the Semiconductor World

At the last market checkpoint before Friday’s opening, TSMC’s shares were trading up 2.98% at $147.02, reflecting the market’s optimism about the company’s continued success and future prospects.