Taiwan Semiconductor Manufacturing Company (TSMC) finds itself at the centre of a perfect storm: unprecedented AI chip demand that it cannot fully satisfy, escalating trade tensions that threaten its business model, and geopolitical risks that expose the fragility of global semiconductor supply chains.

Speaking at TSMC’s annual shareholders meeting in Hsinchu on Tuesday, CEO C.C. Wei delivered a confident outlook for the semiconductor giant, stating that “our revenue and profit this year will set new historical highs.”

The bullish projection comes as the company grapples with the indirect effects of US tariffs while simultaneously struggling to meet unprecedented demand for AI applications.

Tariff impact remains manageable despite industry concerns
Wei addressed growing concerns about the impact of President Donald Trump’s trade policies on the global chip industry, acknowledging that tariffs do affect TSMC, though not directly.
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