Market reaction
Taiwan Semiconductor Manufacturing Co. (TW:2330) saw its Taipei-listed shares move higher following the release of monthly sales data. Traders pushed the stock up by more than 5% to close at NT$1,950 after the company posted stronger year-on-year sales for February, driven by continued demand for advanced chips used in AI computing.
February sales and monthly change
TSMC reported revenue for February of NT$317.66 billion, equivalent to roughly $10.02 billion. That represents a 22.2% increase versus February of the prior year. The company also recorded a decline of 20.8% from January, a drop the company attributed largely to seasonal factors tied to the Lunar New Year period.
Performance through the start of 2026
Combined revenue for the first two months of 2026 totaled NT$718.91 billion, marking a 29.9% increase on a year-on-year basis. The company described this early-year gain as reflecting robust demand from technology customers that are building AI infrastructure and next-generation computing systems.
Customer exposure and product focus
TSMC is a principal contract manufacturer for a range of major technology firms. The company supplies cutting-edge chips used across smartphones, data centers and AI systems to customers including Apple (AAPL), Nvidia (NVDA) and Advanced Micro Devices (AMD). Those client relationships and product lines are key to the revenue trends reported in the monthly figures.
Context for investors
Investors reacted positively to the stronger year-on-year sales figures, while the month-to-month decline underlines the seasonal volatility the company experiences. The combination of significant year-on-year growth and short-term monthly swings is likely to remain a focal point for market participants assessing the company's near-term performance and exposure to demand for AI-related technology.