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Tariff tensions overshadow TSMC’s robust 1Q25 performance

Taiwan Semiconductor Manufacturing Company (TSMC) reported better-than-expected revenue for March and the first quarter of 2025, easing earlier market concerns about earthquake disruptions and signaling continued strength in chip demand. On April 10, the company announced consolidated first-quarter revenue of NT$839.254 billion (US$25.42 billion), a 41.6% increase compared to the same period last year, beating the lower end of its January guidance.