Taiwan Semiconductor Manufacturing Co. reported February revenue of NT$260 billion ($8.1 billion), a 43.1% increase from a year earlier, marking its best February performance on record despite an 11.3% decline from January.
The world’s largest contract chipmaker has accumulated NT$553.2 billion in revenue for the first two months of 2025, representing a 39.2% jump compared to the same period last year.
TSMC previously adjusted its first-quarter projection toward the lower end of guidance at NT$820 billion, citing earthquake disruptions. To meet this target, the company needs to generate NT$266.8 billion in March.
Looking ahead, TSMC expects consolidated revenue growth of 24% to 26% for 2025, driven by increasing artificial intelligence applications. The company forecasts a compound annual growth rate approaching 20% from 2024 through 2029.
The chipmaker noted that its overseas expansion plans will impact gross margins by 2-3% over the long term. TSMC is currently executing a sequential construction strategy to maximize efficiency, though analysts are monitoring whether investment timelines might accelerate in response to pressure from U.S. President Donald Trump’s administration.
