Compared to Q4, revenues were down 3.4% and profit down 3.5%.
Gross margin for the quarter was 58.8%, operating margin was 48.5%, and net profit margin was 43.1%.
3nm wafers accounted for 22% of total wafer revenue; 5nm accounted for 36%; 7nm accounted for 15%.
Advanced technologies, defined as 7nm and more advanced technologies, accounted for 73% of total wafer revenue
The company forecast it would have 20% growth this year and set its 2025 capex at $38-42 billion.
For Q2, TSMC expects revenue of $28.4-$29.2 billion up from $20.8 billion in Q2 2024.
Revenue from China was 7% of TSMC’s total revenue, down from 9% in Q1 2024. While revenue from the US was 77% of the total up from 69% from Q1 2024.
On the impact of tariffs, CEO C C Wei, said: “We have not seen any change in our customers’ behaviour so far.”
