In the wake of the ongoing equal tariffs from the U.S., TSMC (2330) held an earnings call on the 17th, revealing its first-quarter financial results and second-quarter forecasts. Its first-quarter earnings per share (EPS) reached NT$13.94, maintaining a gross margin of 58.8%, showcasing solid performance. However, regarding TSMC's decision to establish a factory in the U.S., the Facebook page 'Engineers Look at Politics' raised concerns about the alarming losses at its Arizona facility in recent years.

The analysis from the page indicated that TSMC recorded losses of NT$48.1 billion in 2021, NT$94.3 billion in 2022, and NT$109.24 billion in 2023, accumulating a total loss of about NT$143 billion so far, implying that the statement about TSMC being 'robbed of 80%' is closer to reality. During former President Biden's administration, TSMC was encouraged to invest US$65 billion in the U.S., with founder Morris Chang and former chairman Liu Deyin opposing this decision.

The page further noted that if there had been no U.S. intervention, TSMC's stock price could have reached NT$1300 or even NT$1400. Should the US$165 billion investment fully materialize, it will place over half of TSMC's assets in the U.S., which poses risks to the company’s market valuation and Taiwan’s economy.