Reported 1 day ago
TSMC has exceeded analysts' expectations with its quarterly sales and capital expenditure forecasts, projecting spending between $38 billion and $42 billion in 2025, driven by resilient demand for AI hardware. The semiconductor giant anticipates a revenue of $25 billion to $25.8 billion in the March quarter, benefiting from a growing AI market despite uncertainties from US-China tech tensions. While smartphone growth remains muted, other segments are expected to recover, indicating a cautious optimism for the future.
Source: YAHOO