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TSMC Faces Revenue Dip After January Earthquake Setback

2/10/2025

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Summary

Story summary

Taiwan Semiconductor Manufacturing Company (TSMC) anticipates its first-quarter revenue will hit the lower end of projections, largely due to a NT$5.3 billion ($161 million) setback from a January earthquake. While some wafers were lost, the company assures that its facilities are intact, maintaining a steady full-year outlook.

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Story summary

Taiwan Semiconductor Manufacturing Company (TSMC) anticipates its first-quarter revenue will hit the lower end of projections, largely due to a NT$5.3 billion ($161 million) setback from a January earthquake. While some wafers were lost, the company assures that its facilities are intact, maintaining a steady full-year outlook.