Global semiconductor sales reached $99.5 billion in March, a 79% year-over-year increase. First-quarter sales rose 25% compared to the previous year. The industry remains on track to reach $1 trillion in annual revenue by 2026.
High demand for AI technologies drives this growth. TSMC currently serves as the world's largest chip manufacturer for the AI sector.
Surging demand is creating capacity constraints across the supply chain. Major customers like Apple have held preliminary discussions with alternative foundries as backup suppliers. No orders have been shifted from TSMC at this time.