Shares of Taiwan Semiconductor Manufacturing Company (TSM, Financial) rose 1.3% in pre-market trading. The company continues to benefit from strong demand for AI technologies, maintaining high sales growth, although its growth pace has slightly slowed. TSMC recently reported its May 2025 revenue, recording NT$320.52 billion, a month-on-month decrease of 8.3% but a year-on-year increase of 39.6%, down from last month's 48.1% yearly growth rate.
For the first five months, TSMC's cumulative sales reached NT$1.51 trillion, reflecting a 42.6% year-on-year increase. During last week’s shareholders meeting, TSMC's CEO and President, C.C. Wei, projected that sales growth for 2025, measured in USD, is expected to be in the mid-20% range, with profits reaching record highs.
