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Here are the company’s results versus LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:<\/p>\n
TSMC’s net income of NT$572.48 billion for the three months ended in March represented a fourth consecutive quarter of record profits.\u00a0<\/p>\n
Meanwhile, the company’s revenue rose to NT$1.134 trillion, beating estimates. It had first reported the 35% year-on-year rise<\/a> in first-quarter revenue last week.<\/p>\n TSMC, Asia’s largest technology company by market capitalization, has maintained sustained demand for advanced semiconductors from its key customers, such as\u00a0Apple<\/a>, even as concerns persist about supply chain disruptions from the Middle East conflict and the potential impact on demand.<\/p>\n During an earnings call, TSMC executives said the company does not expect any near-term impact on its operations from recent disruptions to global energy supplies. <\/p>\n The company also said it was adding an advanced chip fabrication plant in Tainan, Taiwan, as it attempts to keep up with strong demand. <\/p>\n TSMC manufactures chips for everything from consumer electronics to data centers, and has benefited greatly from the proliferation of AI, producing advanced processors designed by the likes of Nvidia<\/a>