Core Viewpoint - The semiconductor industry is experiencing significant growth, with TSMC leading in advanced process nodes like 3nm and 2nm, showcasing strong financial performance and strategic expansion plans [2][3][4]. Financial Performance - TSMC reported record revenue of $30.1 billion in Q2 2025, a 44% year-over-year increase, with a gross margin of 59%, reflecting strong pricing power and efficiency improvements [3]. - The total revenue for the first half of 2025 reached $60.5 billion, a 40% increase year-over-year, prompting TSMC to raise its full-year revenue growth guidance from 25% to approximately 30% [3]. - The company anticipates AI-related demand to drive significant revenue growth, with AI accelerator revenue expected to double in 2025 [3]. Technological Advancements - TSMC plans to start mass production of its N2 process in Q4 2025, ahead of schedule, indicating better-than-expected yield rates [4]. - The company is also constructing a 1.4nm fab in Taiwan, expected to enhance performance by 15% and reduce power consumption by 30% [4]. - Advanced packaging capacity has been doubled to 75,000 wafers per month, benefiting from collaborations with partners [4]. Strategic Expansion - TSMC's Arizona subsidiary achieved profitability in H1 2025, with a net profit of $150.1 million, reversing previous losses [4]. - New factories in Europe and Japan are under development to enhance supply chain resilience [4]. - Recent regulations in Taiwan mandate that advanced processes remain on the island, limiting overseas factories to N-1 processes, addressing trade tensions and potential tariff risks [5]. Workforce and Recruitment - TSMC plans to recruit over 10,000 new employees in 2024, with a significant portion in Taiwan, reflecting its ongoing expansion needs [7]. - The company has seen a nearly 10% increase in global employee count, reaching 84,512 by the end of 2024 [10]. - The gender ratio among employees is approximately 66.3% male to 33.7% female, with a significant portion of employees holding master's degrees [11][13]. Employee Compensation and Retention - TSMC's median salary for non-supervisory employees is approximately NT$2.645 million, ranking it among the top in Taiwan [16]. - In 2024, TSMC allocated NT$140.6 billion for employee bonuses, with an average payout exceeding NT$2 million per employee [17]. - The company aims to maintain a turnover rate below 10% by 2030, with a current turnover rate of 3.5% [14].