TSMC: Extremely Bullish On Earnings

  • TSMC's Q1 sales grew 35% to $25.5 billion, driven by high-performance computing, despite challenges like an earthquake impacting production. Risks include natural disasters and trade turmoil, but TSMC's strong technology leadership and customer trust mitigate these concerns. Despite potential margin dilution from the Arizona fab, geographic diversification is favorable for long-term growth.