TSMC Earnings: AI Drives Demand
Here's our initial take on Taiwan Semiconductor Manufacturing's (NYSE: TSM) fiscal 2025 second-quarter financial report.
TSMC, as it is better known, missed analyst expectations for revenue in the second quarter, but currency exchange rate fluctuations were mostly to blame. Revenue still soared 44% in U.S. dollars thanks to soaring demand for the company's most advanced 3nm and 5nm node semiconductor chips. TSMC's 3nm nodes accounted for 24% of total revenue, while the 5nm nodes accounted for 36% of revenue.
High-performance computing, which includes AI-related chips, accounted for 60% of revenue, up from 52% in the second quarter of last year. HPC revenue rose by 14% from the first quarter as AI infrastructure spending ramps up around the world.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
The stock is one of the favorites of our community with 25 Buy predictions and 2 Sell predictions.
With a target price of 304 € there is a slightly positive potential of 4.29% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 291.5 €.
