Finance
TSMC's first-quarter revenue surges 42%, slightly ahead of forecasts
Published by Global Banking & Finance Review®
Posted on April 10, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 10, 2025
2 min readLast updated: January 24, 2026
TSMC's Q1 revenue surged 42%, driven by AI demand, slightly exceeding forecasts. The company's stock rose after a tariff pause announcement.
By Ben Blanchard and Wen-Yee Lee
TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, said on Thursday that first-quarter revenue jumped 42%, slightly ahead of a market consensus, benefiting from the boom in artificial intelligence.
Revenue for January-March came in at T$839.3 billion ($25.6 billion), Taiwan Semiconductor Manufacturing Co said in a brief statement.
That was a tad higher than an LSEG SmartEstimate of T$835.7 billion drawn from 19 analysts and in line with company guidance of $25 billion to $25.8 billion. It said in February that revenue was likely to come in at the lower end of that range due to a $161 million impact from an earthquake in Taiwan in January.
TSMC will report full first-quarter earnings on April 17, including an outlook for the current quarter and full year.
The company, whose customers include Apple and Nvidia, has been one of a major beneficiary of advances in AI which have more than offset the tapering off of pandemic-led demand of chips used in consumer electronics like tablets.
Like other companies, TSMC's shares have plummeted since U.S. President Donald Trump announced across-the-board import tariffs last week, though so far semiconductors have not been included.
Trump's announcement of a tariff pause saw its Taipei-listed stock climb 9.9% on Thursday, putting this year's losses at 19.7%, in line with the broader index's 17.5% drop.
Taiwan's Foxconn, the world's largest contract electronics maker and which makes AI servers for Nvidia, has also reported bumper sales, logging its highest-ever revenue for the first quarter.
($1 = 32.8410 Taiwan dollars)
(Reporting by Ben Blanchard and Wen-Yee Lee; Editing by Edwina Gibbs)
The article discusses TSMC's first-quarter revenue surge, driven by AI demand, and its impact on the semiconductor market.
TSMC's revenue for Q1 increased by 42%, slightly surpassing market forecasts and benefiting from AI advancements.
TSMC's stock rose after a tariff pause announcement, despite previous declines due to tariff concerns.
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