Tech
TSMC Q1 profit set to jump, but Trump’s policies cloud its future
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TSMC, the main global producer of advanced chips used in artificial intelligence applications, is set to report a 57% leap in first-quarter profit on Thursday, though it is also likely to flag risks from U.S. President Donald Trump‘s trade policies.
The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a trend towards integrating AI features into online products. But the firm faces headwinds from Trump’s import tariffs and his criticism of Taiwan’s dominance of the chip industry.
Taiwan Semiconductor…
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