TSMC Reports 40% Revenue Surge Amid Strong AI Chip Demand

TSMC May Revenue Jumps 40% as AI Chip Demand Stays Strong

January-to-May revenue of NT$1.51 trillion was up nearly 43% over the same period last year. Taiwan Semiconductor Manufacturing Co. (TSM), the world's largest contract chipmaker, reported May revenue surged nearly 40% year-over-year as demand remained elevated for its artificial intelligence (AI) chips. The U.S.-listed shares of the company, which supplies tech heavyweights such as Apple (AAPL) and Nvidia (NVDA), are rising more than 2% in premarket trading. They entered Tuesday up 5% so far this year. TSMC reported May revenue of 320.52 billion New Taiwan dollars ($10.70 billion), up 39.6% from a year earlier but down 8% from April's figure. January-to-May revenue of NT$1.51 trillion was up nearly 43% over the same period last year. In March, TSMC CEO C.C. Wei joined President Donald Trump in announcing that the firm intends to invest $100 billion in U.S.-based chip-manufacturing facilities. In the company's first-quarter earnings call in April, Wei affirmed TSMC's projection of "full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms."

Nvidia Supplier Taiwan Semiconductor Posts 40% Topline Growth In May, Stock Surges - Taiwan Semiconductor (NYSE:TSM)

Contract chipmaker Taiwan Semiconductor Manufacturing Co TSM stock gained on Tuesday premarket after the company reported a 39.6% jump in May revenue of 320.5 billion New Taiwan dollars ($10.7 billion). The revenue declined by 8.3% from April 2025. The topline growth reflects electronics firms striving to stockpile essential components before global tariffs kick in. Also Read: Taiwan Semiconductor Powers Alphawave's 2nm Chip Breakthrough For Faster AI And HPC Connectivity Taiwan Semiconductor reported first-quarter revenue growth of 41.6% to 839.25 billion New Taiwan dollars ($25.5 billion). Net sales declined 3.4% quarter-over-quarter. Taiwan Semiconductor guided second-quarter 2025 revenue of $28.4 billion to $29.2 billion versus the $26.79 billion analyst estimate. CFO Wendell Huang acknowledged strong demand for its 3nm and 5nm technologies and saw no change due to the tariff policies. Last week, Taiwan Semiconductor CEO C.C. Wei blamed traffic jams for delays in expanding its base in southwest Japan. Wei also reiterated the company's commitment to invest the pre-announced $100 billion to ramp up manufacturing in Arizona over the next half-decade. However, he also highlighted to President Donald Trump the difficulties in completing the monumental construction in five years due to the skilled labor crisis. Interestingly, the chipmaker's prioritization of the U.S. expansion reduced the urgency of production in Japan. Price Action: At the last check on Tuesday, TSM stock was up 2.22% at $211.60 premarket. Read Next: Keysight, Synopsys Team Up To Fast-Track RF Migration To Taiwan Semi's N4P Process Photo: Shutterstock TSMTaiwan Semiconductor Manufacturing Co Ltd$211.652.25%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum77.56Growth95.14QualityNot AvailableValue50.80Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs