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TSMC AI Demand Strong

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TSMC AI Demand Strong

B
Benzinga

1,287 Views • Apr 16, 2026

Description

TSMC raised its full-year revenue growth forecast to over 30%, signaling strong AI chip demand despite the ongoing Iran war. Q1 gross margin hit 66%, the highest in over 20 years. CEO CC Wei said customers reaffirmed strong AI demand, prompting accelerated investment. Capital expenditures are expected at the higher end of the $52B–$56B range. The smartphone segment declined 11% quarter over quarter.

Keywords & Tags

#semiconductors #Taiwan #tsm #TSMC #capex #TechNews #WallStreetJournal #AIInfrastructure #AIChips #ChipIndustry #AIInvestment #Q1Earnings #SemiStocks #CCWei #GrossMagin

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