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TSMC Q1 sales top estimates on surging AI demand ahead of U.S. tariffs (TSM:NYSE)

Taiwan Semiconductor Manufacturing Company (TSMC) plant in Tainan Science Park, Taiwan

BING-JHEN HONG/iStock Editorial via Getty Images

Taiwan Semiconductor Manufacturing (NYSE:TSM) reported a nearly 42% surge in Q1 revenue, fueled by strong demand for AI servers and smartphones ahead of looming U.S. tariffs.

First-quarter revenue totaled NT$839.25 billion ($25.6 billion), up 41.6% compared to the same period in 2024, marking the

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