TSMC Poised For Record Q2 Profit Amid Tariff, Currency Worries
While Q2 revenue has already been flagged to rise 38.6%, concerns linger over potential US tariffs on Taiwanese semiconductors and the impact of a strengthening Taiwan dollar, which has appreciated 12% against the greenback this year. A 1% appreciation typically trims 0.4 percentage points off TSMC's gross margin.
The earnings will be announced at 0530 GMT, followed by a guidance call at 0600 GMT. TSMC shares are up 5% year-to-date, slowing from last year's 80% surge.
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