# TSMC is expected to report a net profit of ​T$543.3 billion ($17.23 billion) for the first quarter.

*semiconductor · news · 2026-04-16 · Reuters*

## Key points

- TSMC is expected to report a record net profit of T$543.3 billion for Q1 2024.
- TSMC will manufacture advanced 3-nanometre chips in Japan, shifting from mature nodes.
- TSMC plans U.S. investment of $165 billion for chip factory construction in Arizona.
- 2024 capital spending is projected at up to $56 billion, a 37% increase over 2023.

**Companies:** TSMC
**Countries:** Taiwan, United States, Japan

[Read the full story on Reuters](https://www.reuters.com/world/asia-pacific/tsmc-set-post-50-quarterly-profit-jump-extend-record-earnings-on-insatiable-ai-2026-04-16/)

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