Powerchip Bounces Back to Profit in Q1 2026 After Micron Fab Sale

Powerchip Semiconductor Manufacturing (PSMC) has opened 2026 with a strong performance, posting a noticeable jump in first-quarter revenue and returning to profitability—an important milestone for investors and industry watchers tracking Taiwan’s semiconductor manufacturing sector.

In 1Q26, PSMC reported revenue of NT$13.57 billion (around US$432 million). That marks a 6% increase compared with the previous quarter and a 22% rise year over year. The company’s momentum was supported by disposal gains tied to the sale of a fabrication plant, a move that helped strengthen its financial results and improve its near-term outlook.

The latest numbers highlight how strategic asset sales can quickly reshape a chipmaker’s earnings profile, especially during a period when the global semiconductor market continues to move through uneven demand cycles. For PSMC, the first-quarter surge suggests better operational stability and a clearer path to maintaining healthier financial performance going forward.

With semiconductor manufacturing remaining a critical piece of the global electronics supply chain, PSMC’s return to profitability in 1Q26 will likely keep the company in focus as markets watch for signs of sustained growth, improving margins, and the longer-term impact of its capacity and portfolio decisions.