tsmc surges past expectations amid ai boom
Hsinchu, Friday, 18 April 2025.
taiwan semiconductor manufacturing (tsmc) reported a q1 earnings beat, driven by surging ai chip demand. tsmc’s earnings increased 58% and sales increased 39% year-over-year. despite concerns over potential impacts from us trade policies, tsmc projects q2 revenue between $28.4 billion and $29.2 billion. the company is expanding its capacity in arizona to meet demand from major us clients like apple and nvidia, with approximately 30% of its 2nm capacity planned for the state.