TSMC's February Revenue Soars 22% YoY Amid Strong AI Chip Demand

• Taiwan Semiconductor Manufacturing Company (TSMC) reported a 22.2% YoY rise in net revenue for February 2026, reaching NTD 317.66 billion (USD 10.1 billion).
• Consolidated net revenue for the first two months of 2026 hit NTD 718.91 billion (USD 22.9 billion), marking a 29.9% year-on-year increase.
• The strong growth is attributed to robust demand for TSMC’s advanced chips used in AI, high-performance computing, and smartphones.
• TSMC shares closed at NTD 1,850 on March 10, up 16.72% year-to-date.
• TSMC plans a new fabrication plant in Tainan by 2028 to meet AI chip demand, with construction expected to begin later this year.