Taiwan Electric Chairman Wei Zhejia said that looking forward to the second half of 2025, there is no change in customer behavior yet. However, there are inconclusive and risky consequences of understanding the potential impact of tax policies, especially in the end market areas that are consumer-related and price-sensitive. Although the company has observed that China's supplementary plans are spurring some short-term demand growth, NTD believes this is essentially short-term and continues to predict that the overall non-AI end market segment will recover gently in 2025.
Wei Zhejia said in the second quarter of 2025 that he believed that the demand for semiconductors is very basic and will continue to be strong. The long-term demand prospects for AI are also positive. The number of tokens has increased explosively, indicating that the use and adoption of AI models has increased continuously, which means that more and more computing power is required, resulting in an increase in demand for leading-edge chips.
In addition, TEU has also seen the demand for AI continue to be strong, including the continuous growth of the demand for ownership AI. Therefore, it is expected that the full year of 2025 will grow by about 30% in USD, better than the previous estimate of about 25%, which is benefiting from its leading 3-nano and 5-nano technology and is supported by the growth of the High Performance Computing (HPC) platform.
In uncertainty, NTU stated that it will continue to focus on potential tax-related effects, and carefully plan business in the second half of 2025 and 2026, while continuing to invest in future trends. And it will also focus on the fundamentals of the business, technological leadership, excellent manufacturing and customer trust to further strengthen its competitive position.