TSMC Triumphs: AI Demand Drives 60% Profit Surge in Q1

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, announced on Thursday that its net profit surged by 60% in the first quarter of 2025. The rise is attributed to the soaring demand for semiconductors used in artificial intelligence (AI)-based applications, Reuters reports.
From January to March, TSMC recorded a net profit of 361.6 billion New Taiwan dollars (approximately USD 11.12 billion), significantly higher than the 225.5 billion New Taiwan dollars it posted during the same period last year.
This figure also surpassed market expectations. According to LSEG SmartEstimate, analysts had projected a net profit of 354.6 billion New Taiwan dollars.
Among TSMC’s major clients are Apple and Nvidia—two leading companies in the demand for AI-driven chips.