Monday, 14 April, 2025

TSMC's Q1 Profit Soars 54% Amid AI Demand, But U.S. Tariff Threats Loom

Taiwan Semiconductor Manufacturing Co. (TSMC) is projected to report a 54% year-over-year increase in first-quarter net profit, reaching T$347.8 billion ($10.74 billion), driven by strong demand for advanced chips in AI applications. Key clients include Apple and Nvidia. Despite robust profits, the company's outlook is clouded by U.S. President Donald Trump’s trade policies. Trump has imposed tariffs and pressured TSMC to invest in U.S. manufacturing, threatening up to 100% taxes.