Taiwan's TSMC Says Net Profit Rose 60.3% In First Quarter

Source: International Business Times

TSMC said its net profit for the first three months of 2025 rose 60. 3 percent from a year ago AFP Taiwanese chipmaking titan TSMC reported Thursday a surge in net profit for the first quarter and forecast robust demand for artificial intelligence technology, despite the spectre of US tariffs on the critical sector. Taiwan Semiconductor Manufacturing Company is the world's largest contract maker of chips that have become the lifeblood of the global economy, powering everything from smartphones to missiles.