-- Taiwan Semiconductor Manufacturing (TPE:2330), or TSMC, projected its 2026 sales to jump by more than 30% in US dollar terms, supported by strong global demand for AI-related chips, Focus Taiwan reported Wednesday, citing Chairman and CEO C.C. Wei.
CWei said the ongoing AI boom continues to lift demand for advanced computing and semiconductor production. The chipmaker upgraded its outlook slightly from earlier guidance, reflecting stronger-than-expected momentum in AI applications, reportedly.
TSMC also posted record quarterly revenue and earnings in the first quarter. However, it said it is closely watching geopolitical tensions and cost pressures while maintaining a cautious business outlook, the report said.
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