TSMC recently released its 2024 annual operating report, showing consolidated revenue of approximately NT$2.894 trillion and a net profit after tax of about NT$1.173 trillion. Chairman and CEO C. C. Wei stated that U.S. tariff policies carry uncertainties and potential risks; however, there has been no significant change in customer behavior so far.

He anticipates a growth of 24% to 26% in dollar revenue this year, which will continue to outperform the overall growth rates of the foundry manufacturing 2.0 industry. Additionally, TSMC's revenue for the first quarter reached NT$839.25 billion, with the second quarter revenue estimated to be between $28.4 billion and $29.2 billion.

With the rising demand for AI technologies and a moderate recovery in the mobile device market, growth in the foundry, packaging, testing, and other semiconductor manufacturing 2.0 sectors has been significant. Although the uncertainties presented by U.S. tariff policies could have an impact, Wei emphasized that there has not been a noticeable change in customer behavior, forecasting a annual revenue growth of around 24% to 25%.

Wei stated that tariff issues should be discussed between governments and that TSMC is only communicating with the U.S. Department of Commerce regarding how increased tariffs could result in higher production costs in the U.S., where manufacturing may take place in Taiwan and, consequently, be subject to tariffs upon import.