TSMC quarterly profit seen soaring to record but Trump tariffs, forex a concern
Taiwan
TAIPEI :TSMC, the world's main producer of advanced AI chips, is expected to post a 52 per cent jump in second-quarter profit to record levels, though U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Artificial intelligence-related demand continues to boom and while foundry industry revenue will probably grow 17 per cent to 18 per cent this year, sales for TSMC, by virtue of its market-leading position, will likely expand closer to 30 per cent, said Mario Morales, group vice
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