Overview

• TSMC CEO CC Wei said tariffs imposed under U.S. trade policies are levied on importers but still drive up costs and could dampen customer purchases.
• Wei affirmed that demand for AI-centric semiconductors remains exceptionally strong and consistently exceeds the company’s manufacturing capacity.
• The company underscored its full compliance with U.S. and Taiwanese export controls and confirmed it has halted shipments to China’s Sophgo.
• At its annual shareholder meeting, Wei refuted media reports that TSMC plans to build fabrication plants in the UAE.
• Taiwan’s Economic Affairs Minister JW Kuo noted that Samsung Electronics is likely to feel greater tariff pressure due to its smaller advanced chipmaking footprint.