The AI construction boom continues, with TSMC's April revenue increasing by 17.5%.
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Gronghui, May 8th|TSMC announced a 17.5% increase in April revenue, highlighting that the super-large-scale companies investing heavily in the AI boom continue to spend. April sales reached 410.7 billion New Taiwan dollars (USD 13.1 billion). Analysts on average expect TSMC’s revenue in the second quarter to grow by 35%. At present, Alphabet, Amazon, Meta Platforms, and Microsoft have all announced plans to invest USD 725 billion in AI this year, a figure far exceeding previous expectations. In April, TSMC raised its annual revenue guidance and stated that capital expenditure would approach the upper limit of its current forecast range (up to USD 56 billion), signaling confidence in this year’s economic outlook.
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