TSMC (TSM) CEO C.C. Wei said Tuesday that the company expects a record profit in 2025 despite geopolitical, tariff, and FX risks, and confirmed it is not building a fab in the Middle East, Nikkei Asia’s Cheng Ting-Fang reports.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC Defies Gruesome Geopolitical Odds With Friends in High Places
- AI Daily: Apple said to eye Perplexity as Google search alternative
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories
- Wall Street’s Power Players Are Ditching Palantir Stock for Taiwan Semiconductor
- TSMC Stock Outlook Strong as AI Chip Demand Soars Despite Tariff and Taiwan Risks