TSMC (2330.TW), the world’s leading chip manufacturer, raised its 2025 revenue forecast to mid-30% growth after reporting record profits driven by surging AI demand. The announcement underscores the semiconductor industry’s pivotal role in powering the artificial intelligence revolution.
CEO C.C. Wei said AI demand is “much stronger than expected,” with customers such as Nvidia, AMD, Apple, and Broadcom signaling significant future orders. The company’s confidence comes amid a wave of trillion-dollar data center investments by OpenAI and its partners to expand AI infrastructure globally.
TSMC’s third-quarter net profit jumped 39% to T$452.3 billion ($14.76 billion), beating analysts’ estimates and marking its highest quarterly earnings ever. The firm also reaffirmed its capital spending plan of up to $42 billion for 2025.
Despite U.S. trade policy uncertainty and tariffs under President Donald Trump, Wei maintained that global AI expansion would remain robust, even if the China market became restricted.
TSMC has committed over $100 billion in U.S. investments, including new fabrication plants in Arizona, part of its strategy to diversify production and meet soaring demand for advanced chips.
Shares in TSMC have gained 38% this year, far outpacing Taiwan’s broader stock index, as the company cements its position at the center of the AI-driven semiconductor boom.
