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TSMC quarterly profit jumps by 60%
Gulf Today
|April 19, 2025
TAIPEI: Taiwan's TSMC, the world's largest contract chipmaker, logged a forecast-beating 60 percent leap in quarterly profit and said it still expects robust growth this year despite US President Donald Trump's unpredictable trade policies.
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The bellwether for the global chip industry kept its annual outlooks for sales and capital spending unchanged and forecast Al chip revenue to double. The bullish outlook comes despite market concerns about a slowdown due to tightening US chip export controls.
Executives said that while they understood there were risks from US tariffs, the company's business would be supported by robust artificial intelligence demand.
Dit verhaal komt uit de April 19, 2025-editie van Gulf Today.
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