Demand Surge. TSMC March Sales Jump Nearly 50% to NT$415.19 Billion

TradingKey - Driven by robust demand in end markets, the revenue growth momentum of global foundry leader TSMC ( TSM) continues to accelerate.

The latest operating data disclosed by TSMC this Friday shows that monthly revenue for March reached NT$415.19 billion, representing a sharp month-on-month increase of 30.7% and a year-on-year surge of 45.2%, a growth rate significantly higher than its performance in previous months.

For the first quarter of this year, TSMC's cumulative consolidated revenue reached approximately NT$1.134 trillion, a year-on-year increase of 35.1%.

These stellar monthly and quarterly figures further reinforce TSMC's absolute dominance in the global foundry market and provide strong support for the market's optimistic expectations regarding its upcoming full-quarter financial results.

Earlier reports indicated that demand for TSMC's 2nm process technology, which entered mass production in the fourth quarter of last year, is robust, with capacity currently booked through 2028. Global tech giants such as Apple, Nvidia, AMD, and Qualcomm have already secured capacity in advance to ensure they can fully leverage this advanced node to enhance product competitiveness.

It is understood that TSMC's 2nm process offers a 20% increase in logic density and a 30% reduction in power consumption compared to the 3nm node. This effectively reduces electricity costs for AI servers and improves computing power density, which are key reasons for its popularity among tech giants.

As the heavyweight leader in the Taiwan stock market, TSMC rallied on Friday afternoon, successfully reclaiming the NT$2,000 mark in late trading to finish up 2.3%; meanwhile, in the overnight U.S. market, TSMC's ADR closed at $365.49, down slightly by 0.11%.