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TSMC logs record quarterly profit, sees hefty revenue growth in early 2025

SCMP LogoSCMP5h ago

TSMC logs record quarterly profit, sees hefty revenue growth in early 2025 - SCMP

Quick Summary:

Stock price of the world’s largest contract chipmaker has leapt despite uncertainty posed by Donald Trump.

The US government said on Monday it would further restrict AI chip and technology exports, adding to potential issues TSMC could face, though Taiwan and other close US allies will be allowed unlimited access to US AI technology.

Revenue for the quarter climbed 39 per cent from the same period a year earlier.


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Article Details

Author / Journalist: Reuters

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 16:30:27 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 202 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25189984

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 2 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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