# Taiwan’s chipmaker TSMC reported a 58% jump in profit on Thursday for the January-March quarter.

*semiconductor · news · 2026-04-16 · Japan Today*

## Key points

- TSMC reported a record Q1 2024 net profit of $18.1 billion, surpassing analyst expectations.
- The company is experiencing strong demand for advanced 3-nanometer semiconductors used in AI products.
- TSMC has prepared inventory of critical materials like helium to mitigate Iran war disruptions.
- Capital spending in 2026 is now expected to reach the higher end of $52-$56 billion.
- TSMC forecasts April-June quarter revenue between $39 billion and $40.2 billion, up from Q1.

**Companies:** Taiwan Semiconductor Manufacturing Corp., Apple, Nvidia
**Countries:** Taiwan, United States, Japan

[Read the full story on Japan Today](https://japantoday.com/category/tech/taiwan's-chipmaker-tsmc-reports-58-jump-in-profit-warns-about-iran-war-impacts)

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