TAIWAN SEMICONDUCTOR REPORTS $40.1B JAN REVENUE HIGH, MARKET VALUE REACHES $487.5B

Taiwan Semiconductor Manufacturing Co. (TSM-US; 2330-TW) reported first-quarter revenue of $40.1B on January 10, 2026, a 19.78% monthly increase and 36.81% year-over-year, setting a new record. The stock closed at NT$1,880, up NT$65, as the company's market value reached NT$487.5B. For Q1, the company expects dollar-denominated revenue of $346B-$358B, a 4% quarter-over-quarter and 38% year-over-year increase, translating to NT$1.933T-$1.1312T based on a 31.6 exchange rate, representing growth of 4.5%-8.1%. Strong demand for 3nm and 5nm advanced nodes, along with tight packaging capacity in CoWoS, drove the results despite疲软 in consumer electronics demand. Management remains optimistic for full-year growth of nearly 30% in dollar revenue.