TSMC (2330) April revenue of NT$410.7 billion hit the second-highest level in history, and its share price pulled back to NT$2,290.

TSMC, the leading wafer foundry maker in Taiwan (2330), today (May 8) released its revenue report for April 2026. In April, consolidated revenue was approximately NT$410.7B, down 1.1% from March, and up 17.5% year over year. Although it saw a slight pullback from the March peak, it still marked the second-highest level for a single month in history and set a new high for the same period in previous years. For the cumulative period from January to April 2026, revenue totaled approximately NT$1.54482 trillion, up 29.9% year over year.

With the high base period continuing into Q1, full-year growth guidance was raised to above 30%

Looking back at TSMC’s 2026 first-quarter financial results announced on April 16, consolidated revenue for the quarter reached NT$1.1341 trillion (about $35.1 billion), up 8.4% quarter over quarter and up 35.1% year over year. It surpassed the company’s previously guided upper range of $34.6 billion to $35.8 billion. Gross margin was 66.2%, up sharply by 3.9 percentage points from 62.3% in the prior quarter, setting a new company record. Net profit after tax was NT$572.48 billion, up 58.3% year over year. Diluted EPS reached NT$22.08, also hitting a historic high.

(TSMC (2330) earnings call turned into a debate as Wei Zhejia responded to Musk’s TeraFab! Q1 results and Q&A in one)

More importantly, at its April earnings call, TSMC for the first time clearly raised its full-year U.S. dollar revenue growth outlook to above 30%, jumping sharply from the roughly 20%-plus provided in January. This signaled that visibility and momentum for AI demand are further strengthening. In the call, Chairman and CEO Wei Zhejia said that demand for AI/HPC is extremely strong-driven. The company is actively bringing equipment online earlier, and it has already announced the construction of three new fabs to cope with tightening supply over the next 2 to 3 years.

HPC share hits a record high of 61%, North American clients contribute 76%

From the Q1 platform mix, high-performance computing (HPC) rose to 61% of total net revenue, the highest level in history. Compared with 55% in the prior quarter, it increased by 6 percentage points, reflecting that applications such as AI accelerators and cloud computing have come to dominate TSMC’s revenue structure. Advanced nodes (7-nanometer and below) combined accounted for 74% of wafer revenue, including 36% from 5-nanometer and 25% from 3-nanometer. By geography, North American clients contributed 76%. In China, the figure fell from 9% in the previous quarter to 7%, as the strategy to isolate geopolitical risks continues to advance.

Stock price consolidates on lower volume; April revenue becomes the market focus

Despite continued strong fundamentals, TSMC’s stock price fell by NT$20 today to close at NT$2,290, a decline of 0.87%, as some profit-taking and sell pressure emerged. For the outlook, the media pointed out that with April revenue opening strongly, the market generally believes TSMC’s second-quarter financial guidance is likely to challenge the high end, and there is even no lack of expectations that it could exceed the prior estimates.

This article, TSMC (2330) April revenue of NT$410.7 billion hits the second-highest level in history, and the stock price retreats to NT$2,290, first appeared on Mirror News.