Taiwan Semiconductor Manufacturing Co. (TSMC) has delivered a stunning performance, exceeding analysts' expectations with impressive first-quarter results, all while maintaining a positive outlook for 2025 amid escalating trade disputes.

In a remarkable demonstration of resilience, TSMC reported earnings per share (EPS) of 13.94 New Taiwan dollars ($0.43), alongside a staggering 42% revenue surge year-over-year, totaling NT$839.25 billion ($25.85 billion). These figures blew past analyst forecasts from Visible Alpha, which predicted NT$13.61 EPS and NT$835.92 billion in revenue.

Looking ahead, the world’s largest contract chip manufacturer anticipates robust second-quarter revenues between $28.4 billion and $29.2 billion, comfortably above the $27.1 billion that analysts had been expecting.

Despite ongoing trade tensions, shares of TSMC, which have plummeted nearly 25% in 2025, showed minimal movement in intraday trading on Thursday.

CEO Remains Optimistic Amid Tariffs

During the earnings call, CEO C.C. Wei addressed the company's outlook, stating, "We understand the uncertainties and risks stemming from potential tariff policies. However, we have not observed any shift in our customers' behavior thus far. As a result, we confidently project a full-year revenue increase of nearly 20% in U.S. dollar terms for 2025."