TSMC Posts Record Q1 Revenue of $35.7 Billion on Surging AI Chip Demand
TSMC reported Q1 2026 revenue of $35.71 billion, a 35% year-on-year jump, driven by relentless demand for AI chips from hyperscalers and AI model developers.
TSMC reported Q1 2026 revenue of $35.71 billion, a 35% year-on-year jump, driven by relentless demand for AI chips from hyperscalers and AI model developers.
OpenAI sent investors a memo criticizing Anthropic for operating on a smaller compute curve, arguing its early infrastructure investments give it a decisive edge as both companies race toward IPOs.
US Treasury Secretary Scott Bessent and Fed Chair Jerome Powell held an urgent meeting with Wall Street bank CEOs to warn of cybersecurity risks posed by Anthropic's Mythos AI model.