Strong AI Demand; TSMC Estimates Q2 Revenue to Grow 10%, Full-Year Growth to Exceed 30%
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TSMC provided an optimistic outlook, projecting Q2 revenue of $39-$40.2 billion, a 10% quarterly increase. Chairman C.C. Wei stated that strong AI demand supports advanced chip needs, leading to an upgraded 2026 full-year USD revenue growth forecast of over 30%.