Taiwan Semiconductor Manufacturing Co.’s (TSM) U.S.-listed shares rose in premarket trading after the company reported first-quarter results that exceeded analysts’ expectations. TSMC maintained its 2025 revenue outlook despite global trade tensions. The company’s CEO, C.C. Wei, stated that they have not observed any changes in customer behavior due to tariffs. TSMC projects second-quarter revenue between $28.4 billion and $29.2 billion, surpassing analysts’ estimates of $27.1 billion.
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