TSMC revenues rise 39% with the latest signs of the AI spending boom
Taiwan Semiconductor Manufacturing Co.’s revenue rose by 39%, which raised its forecast in the June quarter, supporting expectations for a sustained boom in AI spending.
Chipmaker’s sales to Nvidia Corp. and Apple Inc. rose to NT $934 billion ($32 billion) for three months based on reported monthly revenue. This defeated the average analyst’s forecast for around $928 billion.
Investors have been piled up in AI-linked companies, shaking off calm funk after China’s deep seek cast Suspicion As to whether Meta Platforms Inc. and Google etc need to spend that much money on data centers. This week, Nvidia became the first company in history 4 trillion dollars It highlights investors’ new enthusiasm for companies such as ratings, TSMC keys to build AI infrastructure.
TSMC Chief Executive Officer CC Wei I felt relieved Shareholders in June reaffirmed their prospects that AI chip demands still outweigh supply, with 2025 revenues rising in the mid-term range on the USD terms. His company has Pledge To increase manufacturing in Arizona by another $100 billion, along with expansion in Japan, Germany and homeland.
As the world’s largest contracted chip manufacturer, TSMC is at the heart of the global technology supply chain, producing cutting-edge chips for iPhone and Nvidia’s AI products.
Nvidia is driving growth, but TSMC relies on Apple and smartphone manufacturers for most businesses.
In 2025, investors remain wary of the impact of tariffs on the global economy and the electronic sector.
The Trump administration’s trade war has urged economists to reduce forecasts for gross domestic product growth around the world, raising questions about everything from iPhone demand to computing.