TSMC's February sales surged due to strong chip demand, and the stock price rose.

LootboxPhobia · 2026-03-11T05:26:08+00:00

TSMC's stock price rose over 5% in Taipei trading, driven by strong demand for AI chips. February sales reached NT$317.66 billion, a year-on-year increase of 22.2%. Although down 20.8% from January, the total revenue for the first two months of 2026 increased by 29.9% year-on-year. As a key supplier to major tech companies, TSMC manufactures cutting-edge chips.

LootboxPhobia

2026-03-11 05:26:08

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Investing.com - TSMC (TW: 2330) stock price rose in Taipei trading after the world’s largest chip foundry announced strong February sales driven by sustained demand for advanced chips used in AI computing.

The company said February revenue reached NT$317.66 billion ($10.02 billion), up 22.2% year-on-year, but down 20.8% from January due to seasonal factors around the Lunar New Year.

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The company’s stock price in Taipei rose over 5%, to NT$1,950.

In the first two months of 2026, total revenue was NT$718.91 billion, up 29.9% year-on-year, reflecting strong demand from tech companies building AI infrastructure and next-generation computing systems.

TSMC is a key supplier for major tech companies, including Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), and AMD (NASDAQ: AMD), producing cutting-edge chips for smartphones, data centers, and AI systems.

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