TSMC's AI Chip Demand Drives Significant Revenue Growth Through 2028

Taiwan Semiconductor Manufacturing Company (TSMC) reported that AI-related chip revenue now constitutes approximately 45% of its total sales, a notable increase from 32% in the previous year. Major customers, including NVIDIA, AMD, and Apple, have placed orders for AI accelerator production extending through 2028, providing strong visibility into future demand. Analysts project TSMC's revenue to grow at a compound annual rate of 18-22% through 2030, primarily fueled by the expanding AI infrastructure.