Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
Upgrading TSMC On Management Confidence Despite Tariff Uncertainty
TSMC's Q1 2025 earnings beat expectations, with EPS at $2.12 and revenue at $25.53B, but the stock moved only 0.05%. Management's robust Q2 revenue forecast and commitment to CapEx suggest confidence in long-term growth despite tariff uncertainties. AI revenue is expected to double in 2025, with a mid-40s percentage CAGR over the next five years, highlighting strong market demand.
Breaking Down Taiwan Semiconductor's Earnings and Future Upside
Most investors in the market today have woken up to the fact that the technology sector might have to endure a lot more volatility and uncertainty in the coming months and quarters. The reason behind this theme is that President Trump's current trade tariffs, which are mostly focused on Chinese exports, have caused uncertainty in most portfolios and market outlooks.
TSMC: Taiwan Concerns Are Overblown
TSMC's fundamentals remain strong despite recent tariffs and geopolitical uncertainties, with a forward PE of less than 16 times for FY 2026. The company's $100 billion U.S. investment could mitigate tariff impacts and strengthen its market position. TSMC's EPS and revenue growth are robust, with YoY EPS growth estimates of 28.8% for the current fiscal year and 17.66% for next year.
TSMC: Hard Pill To Swallow, AI Demand Is Moderating - Downgrading To Sell
Taiwan Semiconductor Manufacturing Company Limited aka TSMC Q1 2025 results and management commentary told us a lot more than the market realizes. We see red flags for 2H25 growth. Intel's 3nm ramp is supporting Q2 upside, but that tailwind has a shelf life. AI demand can't support substantial upside in 2H, as commentary on CoWos leads us to believe it is moderating.
TSMC: Solid Results, But Sentiment Still Heavy
Taiwan Semiconductor delivered strong Q1 results with 41% YoY revenue growth and solid EPS, driven by advanced nodes and AI demand, maintaining its 'Buy' rating. Despite tariff risks, TSMC's guidance remains robust, with Q2 revenue expected to rise 13% QoQ and capex focused on advanced nodes. The U.S. investment plan marks a strategic shift, potentially increasing geopolitical risk, but diversifying production outside Taiwan.
TSMC Is A Complete Steal
Taiwan Semiconductor Manufacturing reported Q1'25 earnings that exceeded expectations, driven by strong demand for AI-optimized chips. TSMC dominates the global foundry market with a 67% revenue share, significantly ahead of its nearest competitor, Samsung, which holds only 8%. The chip company benefited from 35% top-line growth and 60% earnings growth Y/Y as demand for chips is surging.
TSMC: Extremely Bullish On Earnings
TSMC's Q1 sales grew 35% to $25.5 billion, driven by high-performance computing, despite challenges like an earthquake impacting production. Risks include natural disasters and trade turmoil, but TSMC's strong technology leadership and customer trust mitigate these concerns. Despite potential margin dilution from the Arizona fab, geographic diversification is favorable for long-term growth.
TSMC Results Top Estimates, Chipmaker Sticks With Outlook
Taiwan Semiconductor Manufacturing Co. (TSM) reported first-quarter results that topped analysts' estimates and stuck with its 2025 revenue outlook despite the growing trade war.
Taiwan Semiconductor Earnings: What to Know
Taiwan Semiconductor Mfg.
Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally
It's no secret that volatility has been the name of the game in the stock market over the past couple of weeks. President Trump's announcement of new trade tariffs spooked investors, as uncertainty surrounding the future of economic activity and growth targets has become cloudy at best.
TSMC Q1: Excellent Results, Strong Buy (Rating Upgrade)
Taiwan Semiconductor Manufacturing Company aka TSMC reported strong Q1 earnings, benefiting from AI demand and a robust market position, making it a Strong Buy despite geopolitical risks. TSMC's Q2 revenue guidance of $28.4–$29.2 billion implies nearly 40% growth, surpassing Wall Street expectations and indicating resilience against tariffs. With a high gross margin of 58.8% and impressive cash flow generation, TSM stock's valuation remains undemanding at 16.7x forward earnings and a 9.7 EV/EBITDA ratio.
TSMC Q1 2025 Earnings Silence Tariff Doubts
Despite the slight topline miss, TSMC's Q1 earnings outperformance and robust Q2 outlook suggests its earlier 2025 growth guidance in the 20% range remains more than intact amidst tariff uncertainties. The combination of unmatched technological expertise, advanced U.S. manufacturing capacity, and strategic tariff advantages continue to support TSMC's resilience amid the ongoing trade war. The latest earnings update also underscores TSMC's role as a strategic outlier in the global semiconductor race, reinforced by tangible fundamental support.
