TSMC Likely to Report Strong 1Q Results in Line With Expectations -- Market Talk

Dow Jones04-14 12:48

0448 GMT - TSMC will likely report strong 1Q results in line with street estimates, Bernstein analysts say in a research note. Capacity released by Qualcomm and MediaTek mobile chips should be filled by AI chips easily, they say. Energy cost due to the Middle East conflict may rise but not immediately, they note, adding that its 2Q margin forecast has an upside risk. As electricity costs account for only a low single-digit percentage of TSMC's revenue, it should be easy for TSMC to raise prices and pass any electricity cost increase to customers, they note. While continued chip shortage has kept investors hopeful for another capex hike, Bernstein reckons TSMC will likely maintain its capex guidance during this earnings season given the continuing Mideast conflict. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

April 14, 2026 00:48 ET (04:48 GMT)

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