March 16, 2026 -
Taiwan Semiconductor Manufacturing (TSM), the world's largest contract chipmaker, on Tuesday said its sales rose 22% year over year last month. TSM stock dipped after the report.
The chip foundry, better known as TSMC, said its sales in February increased 22.2% in local currency from the same month last year to the equivalent of $10 billion.
However, TSMC's sales dropped 20.8% from January. Its combined sales for January and February rose 29.9% year over year.