By Wen-Yee Lee and Ben Blanchard<\/p>\n
TAIPEI, April 13 (Reuters) – TSMC, the world’s largest manufacturer of advanced artificial intelligence<\/a> chips, will likely notch up a fourth consecutive quarter \u200cof record earnings with a 50% surge in net profit for January-March thanks to \u200cbooming demand for AI infrastructure.<\/p>\n Analysts say that demand for Taiwan Semiconductor Manufacturing Co’s 3-nanometre technology to produce AI chips and its \u200badvanced packaging technology continues to outstrip the firm’s current production capacity.<\/p>\n That’s driven Asia’s most valuable company, a key supplier to Nvidia<\/a> and Apple<\/a>, to new heights. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.6 trillion.<\/p>\n On Thursday, TSMC is expected to report a \u200cnet profit of T$542.6 billion ($17.1 \u2060billion) for the quarter, according to an LSEG SmartEstimate compiled from 19 analysts. SmartEstimates place greater weight on forecasts from analysts who are more consistently accurate.<\/p>\n An \u2060earnings call at which it will provide second-quarter and updated full-year guidance is scheduled for 0600 GMT.<\/p>\n Any profit result above T$505.7 billion would mark the company’s highest-ever quarterly net income and its ninth consecutive quarter of \u200bprofit \u200bgrowth.<\/p>\n Last week, it posted a 35% year-on-year rise in \u200bfirst-quarter revenue nL6N40T0G0, ahead of market \u200cforecasts.<\/p>\n Looking ahead, “we expect higher quarter-on-quarter revenue growth guidance for the second quarter of 2026, driven by sustained AI demand and advanced-node leadership,” Arthur Lai, head of technology research for Asia at Macquarie Capital, said in a note to clients.<\/p>\n The war in the Middle East threatens to disrupt the supply of production materials for semiconductors such as helium and neon, but TSMC is seen as \u200cwell-placed to weather the crisis.<\/p>\n “TSMC’s diversified sourcing and safety \u200bstock should be sufficient to manage short-term disruptions,” said Galen \u200bZeng, senior research manager at IDC.<\/p>\n One \u200barea of focus will be whether TSMC maintains or raises its 2026 capital \u200cspending plans as that will reflect management’s \u200bconfidence in long-term AI \u200bdemand, Zeng said.<\/p>\n TSMC is investing $165 billion to build chip factories in the U.S. state of Arizona.<\/p>\n The company has also revised its plans in Japan and is now set to \u200bmanufacture 3-nanometre chips there, instead of \u200cfocusing on more mature nodes.<\/p>\n TSMC’s Taipei-listed shares have gained 28% so far this year, \u200boutperforming the 22% rise for the broader market.<\/p>\n","protected":false},"excerpt":{"rendered":"By Wen-Yee Lee and Ben Blanchard TAIPEI, April 13 (Reuters) – TSMC, the world’s largest manufacturer of advanced…\n","protected":false},"author":2,"featured_media":389258,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,2999,343,344,185396,85,46,54210,54209,54911,125,24989],"class_list":{"0":"post-389257","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-infrastructure","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-consecutive-quarter","13":"tag-il","14":"tag-israel","15":"tag-market-forecasts","16":"tag-net-profit","17":"tag-taiwan-semiconductor-manufacturing-co","18":"tag-technology","19":"tag-tsmc"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/389257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=389257"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/389257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/389258"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=389257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=389257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=389257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}