From Yahoo Finance: 2025-04-16 22:06:00

Taiwan’s TSMC boosted share prices in Asia and Europe after reporting better-than-expected quarterly profit and maintaining full-year outlooks. Japanese and European tech firms saw gains after the news, with TSMC’s Frankfurt-listed shares up 5.5%. Despite U.S. tariffs risks, TSMC remains optimistic due to strong artificial intelligence demand. The company, a major chipmaker, is crucial for AI applications. Foreign investors have sold $8.66 billion worth of TSMC shares this year, with U.S. listed shares down 23%. The exodus underlines uncertainty over Trump’s trade policies and geopolitical risks. Talks between Taiwan and the U.S. aim to address tariffs and supply chain concerns.



Read more at Yahoo Finance: TSMC forecast lifts gloomy mood in chip stocks, tariff worries linger