TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty

TAIPEI (Reuters) – TSMC gave a bullish outlook for the year on robust demand for AI applications, adding that while there was uncertainty over U.S. tariffs, the world’s largest contract chip manufacturer had yet to see any change in customer behaviour.

The Taiwanese company, a bellwether for the global chip industry, stood by its annual outlooks for sales and capital spending on Thursday and forecast artificial intelligence (AI) chip revenue to double.