TSMC Poised for 4th Record Profit on AI Chip Surge

Taiwan Semiconductor Manufacturing Co. is expected to report a fourth straight quarter of record profit, powered by relentless demand for AI chips and advanced packaging capacity that remains tight.

Analysts expect TSMC’s January-March net profit to rise about 50% year on year to roughly T$542.6 billion, which would be the company’s highest quarterly profit ever.

The estimate comes from LSEG SmartEstimate, which weights analysts with a stronger forecasting track record more heavily.

TSMC is also expected to outline second-quarter guidance and update its full-year outlook in its earnings call.

The report underscores how central TSMC has become to the global AI buildout, with demand for its 3-nanometre process and advanced packaging still outpacing supply.

That strength has helped push TSMC’s market value to nearly double that of Samsung Electronics, according to the report.

The company’s shares in Taipei have also risen sharply this year, outpacing the broader market.

The company’s 3-nanometre technology and advanced packaging services remain key bottlenecks, with demand continuing to exceed available capacity.

TSMC is also expected to use its earnings call to give fresh guidance for the second quarter and offer clues on its full-year outlook. Investors will be watching closely for comments on AI demand, capacity expansion and how quickly the foundry can meet customer orders in 2026.