TSMC's revenue growth rate in 2025 is expected to be 25%, and its net profit growth rate may reach 40%.

Chen Huiming, a former foreign analyst and managing partner of Hong Kong Juxin Capital, pointed out on the 20th that TSMC's revenue will increase by 25% year-on-year in 2025, but its net profit growth rate will have the opportunity to reach 40%, which means that profit growth will be higher than revenue. Although TSMC's capital expenditure in 2025 will be US$38 billion, an increase of nearly 30% from this year's US$30 billion, and the increase is greater than the revenue momentum, the gross profit margin will continue to rise, driving the dividend to be the same as this year or increase, but the biggest variable is the US government's policy.