TSMC Results Top Estimates, Chipmaker Sticks With Outlook

The Taiwan Semiconductor Manufacturing Company (TSM) reported the results of the first quarter, which were at the top of the estimates of analysts and stuck with their 2025 revenue approach despite the growing trade war.

TSMC, which supplies the Tech Heavyweight Apple (AAPL) and NVDA (NVDA), increased to 13.94 new Taiwan dollars ($ 0.43) per share (EPS) registered income ($ 0.43) per year to NT $ 839.25 billion ($ 839.25 billion) per year ($ 0.43). Analysts voted by visible alpha expected NT $ 13.61 and NT $ 835.92 billion respectively.

The world’s largest contract chip manufacturer estimates the revenue of the second quarter of $ 28.4 billion to $ 29.2 billion. Analysts were looking for about $ 27.1 billion.

The US-Listed shares of TSMC, which entered on Thursday, lost about a quarter of their value in 2025, very rarely changed in intraday trading.

In response to tariff, we have not seen any change in our customers’ behavior

CEO CC Wei said on the earnings call that the company understands that “according to a transcript provided by Alphines,” there are uncertainty and risks from the possible impact of tariff policies. ” “However, we have not seen any changes in our customers’ behavior so far. Therefore, we continue to expect our revenue of 2025 throughout the year, which is to grow in the mid -20s in terms of the US dollar. “

The company, which currently produces its most advanced chips in Taiwan, is under pressure from the White House to promote manufacturing in the US Taiwan, facing 10% in tariffs on American imports. Last month, Wei announced with President Trump that the firm intends to invest $ 100 billion in US-based chip manufacturing facilities.