HSI1 24,961.95 -291.45 342.81B
HSCEI1 8,436.63 -65.28 102.10B
Back    Zoom +    Zoom - Block Traded
TSMC Chairman Expects USD Revenue to Hike 30%+ This Yr, Urges Investors to Keep Buying TSMC Stock
2026-06-04 15:08:31
Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US) Chairman C.C. Wei stated at the shareholders' meeting that his confidence in the long-term growth momentum of AI remains intact, noting that semiconductors represent structural demand.

Although the global economy continues to face uncertainties such as inflation, soaring component costs and geopolitical tensions, and developments in the Middle East situation may also hit hard on the global economy, he remains highly confident about the company's future growth and expects USD-denominated revenue to elevate by more than 30% YoY this year.

He added that TSMC's share price has grown by more than 1.5x over the past year, confident that the company's performance will continue to outstrip the industry.

He also expected the growth momentum to persist in the coming years in absence of signs of growth stagnation, urging investors to continue buying TSMC shares.
~

AASTOCKS Financial News
Website: www.aastocks.com