Focus on the BIG picture.
Wednesday, Apr 02, 2025

TSMC Reports Soaring Profits Amid AI Surge, Navigating Geopolitical Tensions

Taiwan's Semiconductor Giant Thrives on AI Boom Despite US-China Export Restrictions
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest semiconductor manufacturer, announced a remarkable 57% surge in profits for the last quarter, driven by the burgeoning demand for artificial intelligence (AI) technologies.

The company revealed a net profit of 374.7 billion new Taiwan dollars (£9.3 billion), exceeding analysts' expectations.

This impressive growth is part of a broader trend for TSMC, which reported a 34% increase in annual revenue for 2024, totaling 2.9 trillion new Taiwan dollars (£72 billion).

Quarterly revenues for the last three months of the year rose by 38.8%, reaching 868.46 billion new Taiwan dollars (£21.6 billion).

The rise in TSMC's fortunes comes at a complex time, as the company finds itself at the center of escalating technological and trade tensions between the United States and China.

Amidst these tensions, the U.S. government announced plans to further restrict exports of AI chips to China, aiming to curb the country's access to cutting-edge technologies.

These regulations limit AI chip exports to most countries, albeit with exceptions for about 20 close allies, including Taiwan, which retain unrestricted access.

Despite these geopolitical challenges, TSMC is pursuing strategic expansion.

The company plans to establish three new factories in the United States and two additional facilities in Japan.

This move is supported by substantial subsidies from both the Japanese and U.S. governments, which aim to foster domestic chip production capabilities.

In a related development underscoring Taiwan's pivotal role in the global semiconductor supply chain, Siliconware Precision Industries Co. (SPIL), a leader in semiconductor packaging and testing, inaugurated its Tan-Ke factory in Taichung.

The event was marked by the presence of Jensen Huang, CEO and co-founder of Nvidia Corp, a California-based leader in AI chip design.

Mr. Huang's visit highlights the strong collaboration between Nvidia and Taiwanese firms in advancing AI chip manufacturing.

Huang's itinerary also included a visit to TSMC, reflecting Taiwan's centrality in the AI supply chain and emphasizing the significance of international partnerships in the semiconductor industry.

These developments underscore the ongoing strategic maneuvers by Taiwanese companies amid evolving global technological landscapes and international policies.
Newsletter

Related Articles

0:00
0:00
Close
Millions of Noncitizens Are Granted Social Security Numbers During the Biden Administration
Europe Pursues Digital Autonomy Amidst Transatlantic Strains
A Large Blaze Breaks Out in Malaysia Following a Gas Pipe Explosion
OpenAI Obtains Unprecedented $40 Billion Investment
Argentina’s “Magician” or a PR Illusion? “Individuals Are Sifting Through Garbage and Residing on the Streets”
Charity Chairwoman Alleges Prince Harry of Harassment and Bullying
DOGE revealed that USAID provided $84 million to the Clinton Foundation. Of this amount, $3 million was spent on Chelsea Clinton's wedding, while $10 million was used to buy a luxury mansion.
The State Department has announced that it is officially closing USAID.
Apple's Innovation Deficit: Falling Behind in AI and Foldable Technology in Light of Chinese Progress
President Trump Proposes Military Intervention to Obtain Greenland
Passenger Taken into Custody for Indecent Act on SWISS Air Flight
Ecuador Gears Up for Influx of US Military as It Intensifies Campaign Against Violent Drug Cartels
Barcelona player Danny Alves cleared of rape allegations.
TESLA PROTESTERS TARGET CYBERTRUCK OWNER, SHOUT "NAZI" INSULT
Rachel Zegler has officially been benched by Disney
Are they correct?
PUTIN'S LIMOUSINE BLOWS UP—SECURITY CHAOS ENSUES
The Secret Service plans to fire DEI-hired agents, but an Obama-appointed judge rules it illegal.
French Foreign Ministry Denounces U.S. Interference in Corporate Diversity Policies
Copyright Issues Emerge as Studio Ghibli Images Created by AI Gain Popularity
This is what we refer to as CREATIVITY.
The Book Mark Zuckerberg Doesn’t Want You to Read Becomes a Huge Bestseller
Removing the political opponent means eradicating what's remaining of Turkey's economy.
Malaysia Tightens Semiconductor Regulations Amid U.S. Pressure to Curb AI NVIDI Chip Exports to China
OpenAI Launches Fresh Image Generation Tool for ChatGPT
Former FIFA President and French soccer icon exonerated of corruption allegations.
National Security Advisor Mike Waltz Under Investigation After Journalist Added to Secret Military Chat
Ex-Business Partner of Hunter Biden Discusses Possible Pardon from President Trump
FBI Director Denies Report of Major ATF Agent Reallocation
American Brands Face Consumer Boycott in Europe Amid Escalating Trade and Political Tensions
U.S. Attorney General Announces Task Force to Prosecute Government Fraud
White House Investigates Security Breach After Journalist Accidentally Added to Secret Yemen Strike Chat
Samsung Executive Han Jong-hee Dies Suddenly Amid Ongoing Corporate Challenges
German President Frank-Walter Steinmeier has just signed off on a national debt hike to fast-track Germany’s militarization
Turkey jails Istanbul mayor ahead of trial, igniting widespread public backlash
Heathrow Airport Restarts Operations Following Initiation of Power Outage Inquiry
Safeguard your Tesla against vandalism and threats using 'Sentry Mode'—an integrated security feature that notifies you of potential risks and captures unusual behavior. Discover how to activate it and ensure your vehicle's safety.
Former U.S. Secretary of State Antony Blinken Under Investigation for His Involvement in Democratic Romanian Election Annulment
Pope Francis Makes His First Public Appearance in Five Weeks After Being Hospitalized
Pope Francis Released from Hospital Following Pneumonia Treatment
Tesla Cybertrucks Defaced During Mardi Gras Parade in New Orleans
Usha Vance to Head U.S. Delegation During Greenland Visit Amid Discussions on Annexation
Elon Musk Files Lawsuit Against Jamaal Bowman for Defamatory Remarks
IMF Weighs $20 Billion Loan for Argentina
Johnson & Johnson Unveils $55 Billion Commitment to U.S. Manufacturing
Boston Celtics Acquired for an Unprecedented $6.1 Billion by Private Equity Executive Bill Chisholm
Iconic Boxer George Foreman Dies at 76
European Airline Shares Fall Following Disruption from Heathrow Power Outage
Pope Francis Set to Leave Hospital Following Pneumonia Recovery
Unveiling the Electromagnetic Characteristics of the Great Pyramid of Giza
×