On April 10, TSMC disclosed in a Friday regulatory filing that its revenue for the first quarter of this year surged by 35% year-over-year, totaling NT$1.13 trillion, exceeding the consensus forecast among analysts of NT$1.12 trillion. This robust performance underscores the sustained strength in global demand for AI chips, propelled by vigorous chip foundry orders from major international clients such as NVIDIA and Apple, even in the early stages following the outbreak of the Middle East conflict. Data indicates that TSMC’s sales in March alone jumped by 45% year-over-year. This financial update is poised to alleviate market anxieties that the Middle East crisis might dampen investments in energy-intensive AI data centers and consumer electronics like iPhones. Earlier, with the conflict exerting upward pressure on global shipping and energy costs, investors had been vigilantly tracking its potential repercussions on the spending strategies of tech behemoths.