In the first quarter of 2025, TSMC gained $ 25.6 billion. Among the company’s clients are Apple and Nvidia.
The Taiwan Semiconductor Manufacturing CO. (TSMC), the largest contracting manufacturer in the world, reported income increased by 42% in the first quarter. Reuters write about it on Thursday, April 10.
The company gained 839.3 billion Taiwann dollars ($ 25.6 billion), which has slightly exceeded market expectations.
The TSMC has become one of the major beneficiaries of the rapid development of artificial intelligence. Demand for chips for AI has helped prevent a decrease in the electronic consumer segment, which emerged after the pandemia. Among the company’s clients are giants such as Apple and Nvidia.
After the US President Donald Trump announced the TSMC’s temporary pause at Taibe Exchange in Taibe, 9.9%rose. Despite this, since the beginning of the year, the company’s papers have disappeared at 19.7% – at the level of a greater market collapse.
Keep in mind that Global Chips Sales in 2024 rose 19.1% and reached a record of $ 627.6 billion.
The TSMC reported a significant income increase in the first two months of 2025.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.