Overview

• CEO CC Wei told shareholders that TSMC expects its revenue and profit this year to reach unprecedented highs on surging AI chip orders.
• Wei said U.S. tariffs under former President Trump have only indirect effects by raising downstream prices and potentially dampening demand.
• TSMC is accelerating global capacity expansion, including new fabrication facilities in Arizona, Japan, Europe to meet escalating AI requirements.
• The company refuted Bloomberg reports of planned chip plants in the UAE, with Wei dismissing Middle East fab rumors as unfounded.
• TSMC warned that higher import duties on semiconductors could reduce demand for customers’ electronic products and affect onshore investments.