🎙️ TSMC Q1 2025 Briefing – AI Momentum, U.S. Expansion & Margin Pressures📅 Earning Release: April 17, 2025 📄 Sources: TSMC Q1 2025 Presentation, Transcript, Financial Report In this episode, we break down Taiwan Semiconductor Manufacturing Company’s (TSMC) Q1 2025 performance and outlook:✅ Revenue & Profit Surge: TSMC delivered strong YoY growth with revenue up 41.6% and EPS rising over 60%, fueled by robust demand in High Performance Computing (HPC) and advanced technologies (3nm, 5nm). 📉 Sequential Softness: Margins and revenue dipped slightly QoQ, partly due to an earthquake and the early-stage cost impact from its overseas fabs. 🌎 Global Expansion: TSMC announced a $100B increase in U.S. investment, totaling $165B to build fabs and R&D centers in Arizona. Long-term, this geographic diversification may dilute margins by 2–4% due to higher costs. 🤖 AI Demand Soars: AI-related revenue is set to double in 2025, with CoWoS capacity expansion underway to meet explosive accelerator demand (GPU, ASIC, HBM). 🧠 Next-Gen Tech: Volume production for 2nm starts 2H 2025. A new node, A16, launches in 2026 to push the frontier of HPC and efficiency. 📦 Risks & Outlook: 2Q25 revenue guided at $28.4B–$29.2B, driven by 3nm/5nm strength. However, tariff risks and geopolitical factors remain a watchpoint. 💰 Shareholder Returns: TSMC continues its policy of sustainable and gradually rising dividends—no share buybacks planned.🔊 Tune in as we explore how TSMC balances innovation, global strategy, and profitability in the AI-driven semiconductor race.#TSMC #Earnings #Semiconductors #AI #HPC #Podcast

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