TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty

Taiwan

TAIPEI: The world's largest contract chip maker, TSMC, gave a bullish outlook for the year on robust demand for AI applications, adding that it had yet to see any change in customer behaviour, despite uncertainty over US tariffs. The Taiwan company, a bellwether for the global chip industry, stood by its annual outlooks for sales and capital spending on Thursday and forecast artificial intelligence (AI) chip revenue to double. Its Frankfurt-listed shares leapt 5 per cent in morning trade. The

TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty https://www.channelnewsasia.com - 17.04.2025 17:29

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TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty https://www.channelnewsasia.com - 17.04.2025 17:29