TSMC first-quarter profit tops estimates, rising 60%, but Trump trade policy threatens growth

  • TSMC's reported net income increased 60.3% from a year ago to $361.56 billion New Taiwan dollars, while net revenue in the March quarter rose 41.6% from a year earlier to NT$839.25 billion. The company faces headwinds from the trade policy of U.S. President Donald Trump, who has placed broad trade tariffs on Taiwan and stricter export controls on TSMC clients Nvidia and AMD.