TSMC Sees Major Profit Surge
The company's profit reached 398.3 billion new Taiwan dollars (around $13.5 billion) during this quarter, according to its financial results made public on Thursday.
This growth reflects the firm’s strong performance in a rapidly evolving market.
In addition to the profit boost, TSMC's net sales rose by 38.6%, totaling 933.8 billion new Taiwan dollars ($31.7 billion) for the same period.
These results exceeded the expectations of analysts, as TSMC capitalized on the booming global demand for artificial intelligence (AI) technology.
The company manufactures advanced AI processors for key industry players such as Nvidia, Apple, AMD, Broadcom, and Qualcomm.
Although TSMC has not received any new tariff notifications from U.S. President Donald Trump, Taiwan is already facing a 32% tariff that was introduced in April.
Trump has previously signaled the possibility of imposing further tariffs on semiconductor imports in an effort to stimulate domestic manufacturing.
Earlier this year, TSMC unveiled plans to invest $100 billion in constructing semiconductor fabrication plants in the U.S., raising its total planned investment in the U.S. to $165 billion.
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