TSMC rejected forming joint ventures with other companies during its earnings call, creating uncertainty for Intel. The chipmaker posted strong results exceeding expectations for the first quarter of 2025, with $25.77 billion in revenue. TSMC expects between $28.4 billion and $29.2 billion in revenue next quarter. The company appears on track for $109 billion in total revenue this year. TSMC said customer behavior remains unchanged despite US tariff concerns.
NVIDIA and AMD recently reported financial impacts from the Trump administration's licensing requirements on specific GPU models. TSMC announced that its Arizona factory yields match Taiwan facilities. The company plans to increase US investments to $165 billion. Recent reports suggested Intel and TSMC had reached an agreement for managing Intel factories in America. This arrangement would have included chip designers like Qualcomm, NVIDIA, and Apple.
According to these reports, TSMC would have kept 20 percent ownership through technology contributions. The Taiwanese manufacturer clearly denied any such possibilities during the call. Citi analysts previously expressed doubts about potential cooperation between the two companies. They cited fundamental differences in manufacturing operations as major obstacles. Their skepticism appears validated following the latest announcement from TSMC leadership.
NVIDIA and AMD recently reported financial impacts from the Trump administration's licensing requirements on specific GPU models. TSMC announced that its Arizona factory yields match Taiwan facilities. The company plans to increase US investments to $165 billion. Recent reports suggested Intel and TSMC had reached an agreement for managing Intel factories in America. This arrangement would have included chip designers like Qualcomm, NVIDIA, and Apple.
According to these reports, TSMC would have kept 20 percent ownership through technology contributions. The Taiwanese manufacturer clearly denied any such possibilities during the call. Citi analysts previously expressed doubts about potential cooperation between the two companies. They cited fundamental differences in manufacturing operations as major obstacles. Their skepticism appears validated following the latest announcement from TSMC leadership.
