TSMC forecasts 30% revenue surge by 2026 driven by AI demand
Taiwan's TSMC anticipates a revenue increase of over 30% by 2026. This growth is primarily attributed to robust global demand fueled by the artificial intelligence sector.
Taiwan Semiconductor Manufacturing Co (TSMC) expects a revenue surge of more than 30 per cent in 2026 as the world’s largest contract chipmaker “pulls in all equipment” to ramp up supply, as management downplayed the impact of memory price hikes and Middle East tensions. During its first-quarter earnings call on Thursday, company executives voiced optimism for the year ahead anchored by the global AI frenzy, attributing the expected revenue surge to strong demand for artificial intelligence and....