TSMC Q1 profit surges 60%, beats forecasts

Taiwan’s TSMC beats forecasts with strong q1 earnings

Robert Besser
21 Apr 2025, 04:07 GMT+10

TSMC Q1 profit surges 60%, beats forecasts

Taiwan’s TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related semiconductors
The world’s largest contract chipmaker posted a 60 percent rise in net profit for the January–March period, reaching T$361.6 billion (US$11.12 billion), up from T$225.5 billion a year earlier
That figure topped the T$354.6 billion SmartEstimate compiled by LSEG, which gives more weight to analysts with a track record of accuracy

TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related semiconductors.

The world's largest contract chipmaker posted a 60 percent rise in net profit for the January–March period, reaching T$361.6 billion (US$11.12 billion), up from T$225.5 billion a year earlier.

That figure topped the T$354.6 billion SmartEstimate compiled by LSEG, which gives more weight to analysts with a track record of accuracy.

TSMC, whose key clients include tech giants Apple and Nvidia, has seen demand soar as companies ramp up investment in artificial intelligence technologies.

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