Reported 1 day ago
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a positive outlook for 2025, predicting quarterly sales and capital expenditures surpassing analysts' expectations, which fuels optimism for AI hardware spending. The company plans to invest $38 billion to $42 billion in technology this year and anticipates a revenue range of $25 billion to $25.8 billion in the upcoming quarter. While challenges remain from US-China tensions and reliance on the smartphone market, TSMC continues to foresee growth driven by AI chip demand and new smartphone technologies.
Source: YAHOO