Overview

• TSMC's first-quarter net profit rose 60.3% year-on-year to NT$361.56 billion, surpassing analyst expectations.
• Revenue increased by 41.6% to NT$839.25 billion, driven by robust demand for AI chips from clients like Nvidia and Apple.
• The company upheld its full-year guidance for revenue growth in the mid-20% range and capital expenditures of $38–42 billion.
• CEO C.C. Wei stated that no changes in customer behavior have been observed despite the uncertainty surrounding U.S. trade policies.
• TSMC continues to invest heavily in the U.S., including an additional $100 billion commitment, while addressing potential tariff impacts on the global semiconductor supply chain.