TSMC Q1 Results Exceed Expectations
TSMC recently reported 2025 Q1 revenue reaching NT$650 billion, growing 35% year-over-year to a record high. AI chip and HPC businesses became the main growth engines, with 3nm and 5nm advanced processes contributing over 50% of revenue.
AI Chip Demand Continues to Rise
TSMC stated that AI chip demand remains strong in 2025, with full order books for AI GPUs and AI accelerators from NVIDIA, AMD, Intel and other customers. The company expects AI-related revenue to double in 2025, with its share of total revenue further increasing.
Capital Expenditure Remains High
TSMC maintains its 2025 capex budget at USD 30-32 billion, primarily for 3nm and 2nm process capacity expansion and advanced packaging capacity construction.
