Apple and Nvidia benefit from record AI chip demand

Key Takeaways

• TSMC reported a record Q1 2026 net profit of $18 billion (NT$572.5 billion), a 58.3% year-on-year increase, driven by AI chip demand.
• TSMC projects over 30% revenue growth in 2026, fueled by robust AI-related demand, and produces chips for Apple and Nvidia.
• Nvidia anticipates over 70% revenue growth this year, primarily from demand for its Grace Blackwell GPUs.
• Microsoft's CFO notes that customer demand for AI infrastructure currently exceeds supply.
• AI companies like Salesforce are shifting pricing models from per-user fees to charging based on "work units" or tasks performed by AI tools.
• Salesforce's Agentforce 360 and a Slackbot enable Engine to autonomously resolve 50% of its chat-based customer support.
• AIXTRON raised its 2026 revenue guidance to around €560 million, with Q1 order intake up 30% due to AI-related optoelectronics equipment.
• Airship AI received a $2.1 million contract extension from the Department of Homeland Security for its AI-driven surveillance solutions.
• CGI Inc. partnered with Amazon Web Services (AWS) to accelerate AI and cloud adoption in the U.S. public sector.
• Myseum saw its shares jump over 150% after rebranding to Myseum.AI and announcing a strategic pivot to integrate AI into its social media platforms.

TSMC's AI chip demand fuels record profits

Taiwanese chip maker TSMC reported a record net profit in the first quarter, driven by high demand for AI hardware. Despite global uncertainties, the company's net profit jumped 58.3 percent year-on-year to NT$572.5 billion ($18 billion). Governments and tech giants are investing heavily in data centers for AI tools. TSMC's chairman noted that AI-related demand remains robust, and the company is confident in achieving over 30 percent revenue growth in US dollar terms for the full year 2026. A weaker Taiwanese dollar also boosted overseas sales revenue.

TSMC profits soar on AI chip demand

Taiwanese chip manufacturer TSMC announced a record net profit for the first quarter, largely due to the global race for artificial intelligence technology. The company's net profit increased by 58.3 percent year-on-year, reaching NT$572.5 billion ($18 billion), surpassing analyst expectations. Demand for AI hardware is booming, benefiting TSMC as a major producer of microchips for devices like Apple phones and Nvidia processors. The company also noted that AI-related demand continues to be extremely strong, and they are confident in achieving over 30 percent revenue growth in US dollar terms for the full year 2026.

AI demand drives TSMC's record profit surge

Taiwanese chip maker TSMC reported a record net profit for the first quarter of 2026, driven by the high demand for artificial intelligence technology. The company's net profit rose 58.3 percent from the previous year to NT$572.5 billion ($18 billion), exceeding analyst estimates. Global investments in AI data centers are fueling this demand, benefiting TSMC, which produces chips for major tech companies like Apple and Nvidia. TSMC's chairman expressed strong confidence in continued AI-related demand and projected over 30 percent revenue growth for 2026.

TSMC profit jumps 58% on AI demand, beats estimates

Taiwan Semiconductor Manufacturing Company (TSMC) reported a 58% increase in first-quarter profit, reaching a new record and surpassing analyst expectations. This surge was driven by strong demand for artificial intelligence chips. TSMC's revenue also beat forecasts, marking its fourth consecutive quarter of record earnings. The company noted that advanced chips, 7-nanometer or smaller, accounted for about 74% of its total wafer revenue. TSMC is also building a new advanced chip fabrication plant in Tainan, Taiwan, to meet this high demand.

TSMC profit set to jump 50% on AI demand

TSMC, a leading manufacturer of advanced artificial intelligence chips, is expected to report a 50% surge in net profit for the first quarter, marking its fourth consecutive quarter of record earnings. This growth is driven by booming demand for AI infrastructure. Analysts note that demand for TSMC's 3-nanometer technology and advanced packaging continues to exceed its production capacity. The company's market capitalization reflects its significant role in the AI supply chain.

TSMC profit to surge 50% on AI demand

TSMC, the world's largest maker of advanced AI chips, is likely to achieve a fourth consecutive quarter of record earnings with a projected 50% increase in net profit for January-March. This growth is fueled by the high demand for AI infrastructure. Analysts expect TSMC to report a net profit of T$543.3 billion ($17.23 billion) for the first quarter. The company's capital spending plans and investments in chip factories in the U.S. state of Arizona are also key indicators of its confidence in long-term AI demand.

Top 3 AI Stocks to Own in Q2 2026

Despite concerns about AI stock valuations, artificial intelligence remains a viable investment opportunity. Microsoft is highlighted for its long-term AI investments, with CFO Amy Hood noting that customer demand for AI infrastructure exceeds supply. Nvidia is also recommended, with projected revenue growth of over 70% this year driven by demand for its Grace Blackwell GPUs. While Nvidia's stock may seem expensive, its forward P/E ratio is attractive. The article suggests focusing on smart AI stock investments rather than searching for the 'next Nvidia'.

TSMC's profit surges 58% on AI chip sales

Taiwan Semiconductor Manufacturing (TSMC) is a key player in the AI ecosystem, manufacturing advanced chips for companies like Nvidia and Apple. The company's revenue increased by 35% year-over-year to $36 billion in the first quarter, with net income soaring 58% to $18 billion. CEO C. C. Wei stated that AI-related demand remains extremely robust, and TSMC expects over 30% revenue growth in 2026. With demand for advanced chips outpacing supply, TSMC's margins are expected to rise further.

AIXTRON upgrades 2026 guidance on AI demand

AIXTRON has raised its full-year 2026 guidance following a 30% year-on-year increase in first-quarter order intake. This growth is primarily driven by strong demand for its optoelectronics equipment used in AI-related semiconductor production. The company now targets around €560 million in 2026 revenue with an EBIT margin of 17% to 20%. AIXTRON is also planning a new production site in Penang, Malaysia, to better serve regional demand and reduce single-site concentration risk.

Piper Sandler sees Varonis Systems well-positioned for 2026

Piper Sandler views Varonis Systems as a strong infrastructure software company for 2026, citing its Atlas AI security platform and conservative revenue guidance. The company is set to release its first-quarter 2026 results on April 28, 2026. Piper Sandler believes that Atlas AI and cautious guidance create a de-risked investment setup. Investors will be watching for proof that SaaS growth is translating into better margins, as ongoing revenue pressure and dilution risk remain key concerns.

Rezolve AI and Commerce.com reopen merger talks

Rezolve AI has reopened merger discussions with Commerce.com to advance an AI native commerce platform vision. The companies will hold a joint investor call to discuss their plans. Rezolve AI focuses on using artificial intelligence to personalize customer discovery, engagement, and transactions for merchants. This renewed collaboration follows earlier disputes and signals a move towards a more integrated approach to AI in commerce. A potential combination could pair Rezolve AI's tools with Commerce.com's existing merchant base and payment systems.

Homeland Security awards Airship AI $2.1M for surveillance

Airship AI Holdings, Inc. received a $2.1 million award from the Department of Homeland Security (DHS) for its AI-driven enterprise video and sensor intelligence solutions. This contract extension highlights the demand for secure, real-time analytics and alerts, particularly for public safety and border operations. Airship AI's Outpost AI and Fortress AI products are crucial for homeland security needs. President Paul Allen stated that AI-driven surveillance solutions are essential for law enforcement, improving efficiency and threat detection.

Myseum shares jump 150% after AI pivot

Myseum, a social media firm, saw its shares surge over 150% after announcing a strategic shift towards artificial intelligence. The company has been renamed Myseum.AI and plans to integrate AI into its platforms. CEO Darin Myman stated that the new name reflects their core AI-based technology for securing their social media ecosystem. The stock, trading under the MYSE ticker, reached its highest levels in over a year following this announcement.

OpenAI updates impact AI stock investors

Recent updates from OpenAI are affecting Nvidia and other AI stocks. The video discusses these developments and provides insights for AI stock investors. It encourages viewers to subscribe for more information and check out a special offer link. The stock prices used were from the post-market on April 13, 2026.

AI firms shift pricing from users to work done

AI companies are changing their pricing models from per-user fees to charging based on the work performed by their AI tools. This shift allows software firms to access larger business budgets and tap into new spending allowances. Goldman Sachs notes that this approach helps companies charge based on value and maintain strong margins. Examples include Salesforce's 'agentic work units' and Workday's 'units of work' credits. This change reflects the high costs of developing and running AI, potentially making software spending less predictable for customers.

CGI's AWS collaboration boosts AI public sector push

CGI Inc. has partnered with Amazon Web Services (AWS) to accelerate trusted artificial intelligence, secure cloud adoption, and digital transformation in the U.S. public sector. Additionally, CGI's Agentic AI platform, CGI DigiOps, received an award at the 2026 Artificial Intelligence Excellence Awards. These developments highlight CGI's growing role in AI-powered managed services and critical public sector solutions, leveraging its expertise in cloud, cybersecurity, and automation.

Salesforce AI deployment with Engine sparks questions

Salesforce is enabling Engine's AI-centric travel operations using its Agentforce 360 and a Salesforce-powered Slackbot. Engine now autonomously resolves 50% of its chat-based customer support, reporting improved service quality. This agentic model reduces handle times while maintaining governance and data privacy. Investors are watching to see if similar AI deployments across industries will influence how Salesforce's AI products contribute to its overall platform strategy and financial performance.

Sources

• AI demand drives chipmaker TSMC's net profit to fresh record
• AI demand drives chipmaker TSMC's net profit to fresh record
• AI demand drives chipmaker TSMC’s net profit to fresh record
• TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
• TSMC set to post 50% quarterly profit jump, extend record earnings on insatiable AI demand
• TSMC set to post 50% quarterly profit jump, extend record earnings on insatiable AI demand
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