Taiwan Semiconductor Manufacturing Co. (TSMC) reported record-breaking sales for March and the first quarter of the year, driven by robust demand for AI technologies.

March revenue reached NT$285.96 billion (US$8.70 billion), while quarterly revenue climbed to NT$839.25 billion, reflecting a 41.6 percent year-on-year increase.

The chipmaker confirmed that the sales performance aligned with internal expectations, attributing the surge largely to continued global investment in AI development.

Despite a temporary production setback caused by the Jan. 21 earthquake in southern Taiwan, which forced the scrapping of some wafers, the company's growth momentum remained strong.

TSMC is set to provide further financial details and its second-quarter outlook at an investor conference on 17 April. Meanwhile, the company has announced an additional US$100 billion in United States investment, building on its ongoing US$65 billion expansion in Phoenix, Arizona.

However, its stock price has dropped below NT$1,000, closing Thursday at NT$863, amid a strengthening US dollar and broader economic uncertainties.