Shares of Taiwan Semiconductor Manufacturing (TSM) rose about 3% premarket on Tuesday after January revenue surged 36.8% year-over-year to NT$401.26B amid a growing demand for AI-related products.
TSMC — which produces chips for some of the world’s largest tech companies, including Apple (AAPL), Nvidia (NVDA), and AMD (AMD) — saw revenue jump 19.8% month-over-month. In December 2025, the company had generated NT$335B.
TSM expects revenue growth of nearly 30% in 2026, faster than the average analyst estimate, due to demand for AI accelerators. During the company’s fourth-quarter earnings call last month, Chairman & CEO C.C. Wei said that “recent development in the AI market continue to be very positive. Revenue from AI accelerator accounted for high teens percent of our total revenue in 2025.”