Even more so, TSMC chip manufacturers declared an increase in the Q4 company revenue, a price that managed to beat the market expectations, but for now, the chip manufacturer’s revenue can be only seen in Taiwan dollars. The company’s revenue in U.S dollars is expected to be available in Thursday’s quarterly earnings call.
"From the U.S. government perspective, Arete is optimistic that TSMC can build a good relationship with the new administration particularly given its new fab cluster in Arizona is the biggest foreign direct investment project in the U.S. at present,", the Arete Research co-founder and senior analyst, Brett Simpson stated.
TSMC chip manufacturer is now investing billions in some new factories abroad, which includes about $65 billion for three factories in Arizona, but the majority of the manufacturing process will continue to be based in Taiwan.
"Additionally, the impact of tariffs to be imposed by the incoming Trump administration on demand remains to be seen,", Edward Chen, the chairman of Fubon Financial’s securities investment unit stated.
In the next earnings calls the TSMC chip manufacturer will update all the details about the current quarter along with expanding production plans.
Stay tuned for more updates!