Taiwan Semiconductor Manufacturing Company Limited (TSMC) announced Thursday that its net income for the first quarter of 2025 increased 60.3% compared to a similar period a year ago, to 361.56 billion New Taiwan dollars ($11.1 billion). The results were better than expected due to the growing demand for AI.
The enterprise's revenue grew by 41.6% compared to the same period in 2024 to hit 839.25 billion New Taiwan dollars, or approximately $25.81 billion. Meanwhile, its diluted earnings per share (EPS) increased by 60.4% year-on-year to 13.94 New Taiwan dollars, or about $2.12.
The key supplier to Apple and Nvidia noted in its report that, in the first quarter, 3-nanometer (nm) shipments accounted for 22% of total revenue, while 5nm and 7nm accounted for 36% and 15%. Meanwhile, advanced technologies, defined as 7nm and higher technologies, accounted for 73% of total wafer revenue.
