Wall Street Breakfast

TSMC revenue surges on pre-tariff rush

5 snips
Apr 10, 2025
Taiwan Semiconductor Manufacturing Company has seen a remarkable surge in sales driven by soaring AI demand as businesses rush to stock up ahead of potential U.S. tariffs. Meanwhile, Amazon has pulled orders from China, causing ripple effects for vendors facing uncertainty. The U.S. Postal Service is planning to raise stamp prices to 78 cents, marking a significant change in mailing costs. The podcast also delves into key economic indicators and the impact on market trends, alongside insights into the evolving landscape of U.S. tariffs.
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INSIGHT

TSMC Revenue Surge

  • TSMC's Q1 revenue surged by nearly 42%, exceeding expectations, driven by AI server and smartphone demand.
  • This growth occurred ahead of potential U.S. tariffs, as electronics makers stocked up inventory.
INSIGHT

Amazon Cancels Orders

  • Amazon canceled orders from China and Southeast Asia, impacting vendors with unsold inventory.
  • This move appears to be a strategy to reduce exposure to U.S. tariffs on Chinese imports.
INSIGHT

USPS Price Hike

  • The USPS proposed a five-cent increase for first-class mail forever stamps, raising the cost to 78 cents.
  • This represents a roughly 7% average price increase across mailing services, effective July 13th (pending approval).
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