Latest news with #C.C. Wei
Yahoo
17-07-2025
- Business
- Yahoo
TSM Reports Record Profits, Lifts Forecast — But Stays Cautious
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the . On July 15, Reuters reported that TSMC is anticipated to post a 52% jump in second-quarter profit, reaching record levels. However, U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Mario Morales, group vice president at research firm IDC, noted that AI-related demand and the growing foundry industry revenue may lead to TSMC's sales growing by nearly 30%. The contract chipmaker and key supplier to Nvidia and Apple was anticipated to report net profit of T$377.4 billion ($12.9 billion) for the three months through June 30, as per an LSEG SmartEstimate compiled from 21 analysts. Subsequently, the company posted a nearly 61% year-on-year rise in second-quarter profit, hitting a record high of NT$398.27 billion, and surpassing estimates on the back of resilient demand for AI chips. The contract chip manufacturer guided third-quarter revenue between $31.8 billion and $33.0 billion, which is a 38% year-over-year increase. A stock broker on a trading floor, working to capture profit in the markets. According to TSMC CEO C.C. Wei, TSM anticipates its full-year 2025 revenue to rise by around 30% in U.S. dollar terms artificial intelligence growth and demand for its artificial intelligence technologies. 'The primary driver of growth for TSMC has been the robust demand for AI-related chips, particularly for the leading edge nodes below 7nm." -Brady Wang, associate director at Counterpoint Research. However, potential headwinds from the trade policy of U.S. President Donald Trump, who has threatened steep 'reciprocal tariffs' on Taiwan, are still a reality. 'Looking into second half of 2025 we have not seen any change in our customers behavior so far. However, we understand there are uncertainties and risk from the potential impact of tariff policies,' Wei said on Thursday. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells advanced chips used in artificial intelligence applications. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
NHK
17-07-2025
- Business
- NHK
TSMC posts record sales, profit for 2nd quarter
The world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Company, has posted record sales and net income for the three months through June. The sixth straight quarter of increases came on the back of robust demand for chips used in artificial intelligence. TSMC announced on Thursday that revenue rose 38.6 percent from a year earlier to 933.7 billion New Taiwan dollars, or about 31.7 billion dollars, for the second quarter. Net profit soared 60.7 percent year-on-year to 398.2 billion New Taiwan dollars, or about 13.5 billion dollars. TSMC says demand for advanced semiconductors for AI and other technologies will continue to be strong for the next three months through September. Chief Executive Officer C.C. Wei noted that the construction of a second semiconductor plant in the Japanese prefecture of Kumamoto is scheduled to start later this year, subject to the readiness of the local infrastructure.
Yahoo
10-07-2025
- Business
- Yahoo
TSMC's First-Half Revenue Surges 40% on Booming AI Demand
Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand. TSMC's June revenue dropped, however, over the previous month. TSMC supplies AI chipmaker Nvidia, which hit the $4 trillion market cap threshold briefly Semiconductor Manufacturing Co. (TSM), the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand, though June revenue dropped over the previous month. TSMC reported June revenue of 263.71 billion New Taiwan dollars ($9.02 billion), up almost 27% from a year earlier but down nearly 18% from May's figure. The first-half revenue of NT$1.77 trillion was up 40% over the same period last year. The U.S.-listed shares of the company, which supplies tech heavyweights such as AI darling Nvidia (NVDA), are rising more than 1% in premarket trading after entering Wednesday 17% higher this year. The fervor for AI plays has buoyed shares linked to the technology this year and briefly made Nvidia the first $4 trillion company on Wednesday. TSMC has also been expanding in the U.S., as President Donald Trump pushes for more domestic manufacturing. In March, TSMC CEO C.C. Wei joined President Trump in announcing the firm's plans to invest $100 billion in U.S.-based chip-manufacturing facilities. At the company's annual shareholder meeting in early June, Wei reportedly said that the chipmaker is unlikely to face a big hit from tariffs, as they are typically absorbed by U.S. importers. He also said, according to The Wall Street Journal, that AI demand remains strong and he projected record-high revenue and earnings at TSMC this year. Read the original article on Investopedia Sign in to access your portfolio
South China Morning Post
10-07-2025
- Business
- South China Morning Post
TSMC revenue climbs 39% in latest sign of AI spending boom
Taiwan Semiconductor Manufacturing Company's revenue rose a better-than-anticipated 39 per cent in the June quarter, buoying expectations for a sustained post-ChatGPT boom in AI spending. Advertisement The chipmaker for Nvidia and Apple saw sales climb to NT$934 billion (US$32 billion) for the three months, based on its reported monthly revenue. That beat the average analyst projection for about NT$928 billion. Investors have piled back into AI-linked companies, shaking off a funk that settled in after China's DeepSeek cast doubt on whether the likes of Meta Platforms and Google needed to spend that much money on data centres. This week, Nvidia became the first company in history to hit a US$4 trillion valuation, underscoring investors' renewed enthusiasm for companies like TSMC key to building the infrastructure for AI. C.C Wei, chairman and CEO of TSMC, prepares to leave after the company's annual shareholders' meeting in Hsinchu on June 3, 2025. Photo: AFP TSMC Chief Executive Officer C.C. Wei reassured shareholders in June that AI chip demand still outstripped supply, and reaffirmed an outlook for 2025 sales to grow in the mid-20 per cent range in US dollar terms. His company has pledged to spend another US$100 billion ramping up manufacturing in Arizona, in addition to an expansion in Japan, Germany and back home.
