TSMC Boosts 2025 Guidance, Riding Wave Of Global Investment In AI Chips

Benzinga

TSMC raised its 2025 revenue forecast to mid-30% growth amid booming global AI demand. Quarterly profit jumped 39% to $14.8B, prompting a $40B capex boost across Arizona, Europe, and Japan to expand capacity.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02TSMC raises 2025 revenue growth forecasts for the second time this year,

00:06signaling confidence in the sustained global surge in AI spending, according to Bloomberg.

00:11Chip Baker for Apple and NVIDIA now expects mid-30% annual sales growth,

00:15its second upward revision in three months, which has added over $260 billion to its market value.

00:21TSMC continues to be a major beneficiary of the global AI infrastructure boom,

00:26projected to exceed $1 trillion in the coming years.

00:28The company reported a 39% rise in quarterly net income to $14.8 billion in the September quarter,

00:34surpassing expectations.

00:36TSMC also increased its 2025 capital spending floor to $40 billion,

00:41major investments in Arizona, Europe, and Japan to expand capacity and mitigate geopolitical risks.

00:47For all things money, visit Benzinga.com.

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