Taiwan's TSMC says first quarter revenue up 42 percent

Taiwanese chipmaking elephantine TSMC reported Thursday a better-than-expected gross for the archetypal 4th connected beardown request for AI technology. Photo: I-Hwa CHENG / AFP/File
Source: AFP

Taiwanese chipmaking elephantine TSMC reported Thursday a better-than-expected gross for the archetypal 4th connected beardown request for AI technology, aft tariffs slapped onto large economies by US President Donald Trump caused planetary uncertainty.

Taiwan Semiconductor Manufacturing Company is the world's largest declaration shaper of chips that are utilized successful everything from Apple's iPhones to Nvidia's cutting-edge artificial quality hardware.

TSMC said gross successful the archetypal 3 months of 2025 roseate astir 42 percent to NT$839.25 cardinal ($25.5 billion) on-year, beating a forecast of astir NT$830.5 cardinal by analysts surveyed by Bloomberg News.

The institution is scheduled to merchandise afloat archetypal 4th net successful an online briefing adjacent week.

TSMC president and main enforcement C.C. Wei has said the steadfast expected "2025 to beryllium different beardown maturation year" arsenic AI-related request continues to surge.

And its afloat twelvemonth gross was expected to summation "by adjacent to mid-20s percent successful US dollar terms," Wei said astatine an net league successful January.

But successful airy of Trump's ongoing commercialized warfare with China -- the world's second-largest system -- and his threats to slap tariffs connected semiconductor imports, Taiwan's ain industry could acquisition reverberations crossed the planetary spot proviso chain.

Taiwan had sought to debar Trump's threatened levies by pledging accrued concern successful the United States, much purchases of US energy and greater defence spending.

Also past month, TSMC said it would put $100 cardinal successful the United States successful what was hailed by Taiwan's President Lai Ching-te arsenic a "historic moment" for Taiwan-US relations.

The planned concern followed Trump's accusations that Taiwan stole the US spot manufacture and his threats to enforce tariffs of up to 100 percent.

In the end, Trump imposed a hefty 32 percent connected Taiwanese imports -- excluding semiconductor chips -- though connected Thursday the mercurial Republican abruptly paused the implementation for astir each countries but China for 90 days.

TSMC has agelong faced demands to determination much of its accumulation distant from Taiwan, with fears that supplies of the captious technology could beryllium disrupted successful immoderate struggle with Beijing.

China has upped subject unit connected Taiwan successful caller years to property its assertion of sovereignty implicit the self-ruled island, wherever TSMC has its office and the bulk of its fabrication plants.

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Source: AFP