Taiwan Semiconductor Manufacturing Company (NYSE:TSM), the world’s largest contract chipmaker, reported record-breaking consolidated revenue for March 2026 on Friday, providing the clearest evidence yet that the global appetite for high-performance artificial intelligence (AI) hardware remains in a hyper-growth phase.
Revenue for March reached approximately NT$415.19 billion (US$12.96 billion), representing a massive 45.2% increase compared to the same month last year.
On a sequential basis, sales jumped 30.7% from February, as the company ramped up production to meet aggressive delivery schedules for its primary customers, including Nvidia, Apple, and AMD.
The monthly surge brought TSMC’s total revenue for the first quarter of 2026 to NT$1,134.10 billion (US$35.39 billion), a 35.1% increase over the first quarter of 2025.
The results comfortably exceeded the upper end of most analyst expectations, signaling that the company’s transition to advanced 2-nanometer (2nm) and 3-nanometer (3nm) process nodes is yielding higher-than-anticipated volume and pricing power.
Financially, the strong top-line growth is expected to support TSMC’s plan to maintain a high capital expenditure budget of approximately $32 billion to $36 billion for the year.
The company is scheduled to hold its formal earnings call on April 16, where management is expected to provide updated guidance on gross margins and the long-term outlook for 2nm demand.