Oct. 20, 2025 –
Taiwan Semiconductor Manufacturing Company (TSMC) has revised its full-year revenue forecast upwards. According to Reuters, the changes are driven by strong AI demand. The top chip manufacturer reported high profits that surpassed market expectations, highlighting investor confidence in the TSMC AI boom.
The Taiwanese chip manufacturer raised its 2025 revenue estimates to the mid-30% range, up from about 30% previously. TSMC’s 2025 capital expenditure remained unchanged at $42 billion even as the company said it expects AI demand to continue to strengthen.
TSMC’s raised revenue forecast caused its U.S. stock to soar 1.6% on October 16, 2025. The upbeat outlook also lifted other major chip stocks, including those of NVIDIA and AMD.