# TSMC said first-quarter profit leapt 58% to a record $18.2 billion.

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

## Key points

- TSMC raised its full-year revenue growth forecast to more than 30% from nearly 30%.
- TSMC's Q1 profit hit a record $18.2 billion, up 58% year-on-year and beating expectations.
- Capital expenditure for 2024 will reach the high end of TSMC's $52-56 billion guidance.
- TSMC forecasts Q2 sales of $39-40 billion, up from $36 billion in Q1.

**Companies:** TSMC
**Countries:** Taiwan

[Read the full story on MarketScreener](https://www.marketscreener.com/news/tsmc-lifts-revenue-forecast-pledges-spending-to-meet-ai-chip-demand-ce7e50dddc8ff725)

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