TSMC has revised its 2025 sales forecast, citing a boost in spending on AI chips. The semiconductor leader now expects a 30% jump in sales in US dollar terms, well above its earlier mid-20% projection. Key players like Meta Platforms and Google are significantly investing in the data centres that power AI innovations.
The announcement even nudged Nasdaq futures higher, reflecting bolstered investor confidence. Demand for advanced processors from names such as Nvidia and AMD remains strong, despite pressures on production capacity.
At a June shareholder meeting, CEO C.C. Wei underscored that orders for AI applications are holding up well, dismissing rumours of a downturn in tech spending. Investment strategist Billy Leung from Global X ETFs in Sydney added that the optimism along the AI value chain shows no sign of fading.
If you’ve ever worried about supply constraints, it’s reassuring to see consistent demand in the chip industry. TSMC’s latest move suggests it’s well positioned to capitalise on the growing role of AI in technology.
Takeaway: As tech giants continue to fuel AI advancements, the semiconductor industry—and TSMC in particular—is set to ride this wave of innovation into the future.
