While AI's explosive growth hasn't been good news for consumers, because it's directly caused the global memory crisis, but it sure does keep manufacturers exceedingly busy. Case in point, TSMC has revealed profits that both blow past its original projections and smash earlier records.
TSMC had previously issued guidance to its investors predicting that it would make somewhere between $34.6 and $35.8 billion. That's no small potatoes by any means, but between the start of the year and the end of March, the company did in fact make $35.90 billion in net revenue.
That's a 40% increase year-on-year, and the eighth quarter in a row where the company has seen double-digit growth. As such, TSMC has since adjusted its Q2 projection to between $39.0 and $40.2 billion, a massive step up from the $30.07 billion made during 2025's second quarter.
This should come as no surprise when you consider that TSMC has also seen a 28% year-on-year growth in wafer shipments. Read Entire Article
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