Taiwan Semiconductor Manufacturing Company (TSM, Financials) reported a 43% year-over-year increase in revenue for February 2025, reaching NT$260.01 billion ($8.2 billion), driven by strong demand for artificial intelligence chips.

Rising 39% year over year to NT$553.30 billion ($17.4 billion), revenue for the first two months of the year above the 34% increase seen in early 2024. Seasonal changes in semiconductor orders caused February income to drop 11.3% from January, despite yearly growth.

Especially for AI-related circuits, TSMC, a leading supplier of Apple (AAPL, Financials), Nvidia (NVDA, Financials), and Advanced Micro Devices (AMD, Financials), continues to be a significant gauge of world semiconductor demand. Chief Executive Officer C.C. Wei said the corporation could handle the minor problem of U.S. export restrictions on AI chip deliveries.

With many production sites and research centers under construction, the corporation intends to spend $100 billion in U.S. semiconductor manufacture over the next five years. Nonetheless, the fate of U.S. government subsidies is still unknown as President Donald Trump has suggested discontinuing the $52 billion semiconductor subsidy program, which has helped chipmakers to fund more than $400 billion in private-sector investments.