TSM Raises Revenue Expectations on Profit Growth and 3nm/2nm Utilisation
TSM closed at $414.00 per share and posted significant profit growth, lifting its revenue outlook. In Q1 2026, revenue rose 6.4% sequentially to $35.9 billion and exceeded guidance, aided by robust utilisation of advanced 3nm and emerging 2nm nodes. The update was highlighted as a notable contributor to performance for semiconductor-heavy portfolios.