Finance
TSMC Q1 profit surges 60%, beats forecasts
Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
TSMC's Q1 profit surged 60%, driven by AI chip demand, surpassing market forecasts with a net profit of T$361.6 billion.
TAIPEI (Reuters) - TSMC, the world's largest contract chipmaker, posted a 60% jump in first-quarter net profit on Thursday, beating market forecasts as it benefited from surging demand for semiconductors used in artificial intelligence applications.
Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, saw January-March net profit rise to T$361.6 billion ($11.12 billion) from T$225.5 billion a year earlier.
The profit beat a T$354.6 billion LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.
($1 = 32.5060 Taiwan dollars)
(Reporting by Wen-Yee Lee and Faith Hung; Writing by Ben Blanchard; Editing by Edwina Gibbs)
The main topic is TSMC's significant increase in Q1 profit, driven by high demand for semiconductors used in AI applications.
TSMC's profit increased by 60% in the first quarter compared to the previous year.
TSMC's major customers include tech giants like Apple and Nvidia.
Explore more articles in the Finance category
