Taiwan Semiconductor reported July revenue of $10.66 billion, up 22.5% quarter-over-quarter and 25.8% year-over-year, driven by continued AI demand. According to Benzinga, revenue for the first seven months of 2025 reached $69.3 billion, a 37.6% year-over-year increase. Shares surged nearly 5% after Taiwanese officials confirmed the company is exempt from Trump’s proposed 100% chip tariffs. Taiwan Semiconductor qualifies for the U.S. tariff exemption due to its $165 billion investment in U.S. fabs, easing investor concerns tied to key clients Apple and Nvidia. Taiwan Semiconductor rose over 4% on July 17th after exceeding second-quarter expectations, driven by strong global demand for its AI-focused advanced processors. TSM stock is up 23% year-to-date and rose 0.13% in Friday’s premarket trading.
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