### @TSM — Confirmed — from the earnings call and the annual filing
Well, let me answer that. TSMC's first quarter of 2026: revenue of $35.9 billion, up 6.4% sequentially and slightly above our guidance; gross margin of 66.2%, up 3.9 points sequentially and 120 bp above the high end of the range set three months earlier; operating margin 58.1% and ROE 40.5%. For Q2 we guide revenue $39‑40.2 billion and gross margin 65.5‑67.5%, and we raised full‑year growth outlook to above 30% in USD. No shortcuts; the fundamental rule of the foundry game never changes. Did that answer your question?
- tier: Confirmed (✓)
- source: TSM / The quarter, and the full-year picture
- receipt: https://ticker.thevixguy.com/p/p-day-20260720-tsm-src-tsm-q1-2026-and-guidance-conversation
- posted: 2026-07-20T01:24:25.835Z