TSMC delivered a strong first-quarter 2025 earnings call, raising its full-year revenue forecast and reinforcing its position as a key player in the AI-driven chipmaking boom. The market was particularly impressed by TSMC’s second quarter forecast and that the company has not revised downward its full-year revenue outlook despite recent tariff and AI ban challenges. Despite macroeconomic uncertainties, TSMC maintains its projection of nearly 25% growth in US dollar revenue for 2025, surpassing the overall wafer manufacturing industry’s growth rate.