“Regardless of TSMC’s greatest efforts to adjust to all related export management and sanctions legal guidelines and rules, there isn’t any assurance that its enterprise actions is not going to be discovered incompliant with export management legal guidelines and rules,” TSMC stated.

Additional, “if TSMC or TSMC’s enterprise companions fail to acquire applicable import, export or re-export licenses or permits or are discovered to have violated relevant export management or sanctions legal guidelines, TSMC may be adversely affected, by way of reputational hurt in addition to different detrimental penalties, together with authorities investigations and penalties ensuing from related authorized proceedings,” TSMC warned.

Trump’s tariffs might finish TSMC’s “tariff-proof” period

TSMC is prospering regardless of years of tariffs and export controls, its report stated, with not less than one analyst suggesting that, to this point, the corporate seems “considerably tariff-proof.” Nonetheless, all of that could possibly be altering quick, as “US President Donald Trump introduced in 2025 an intention to impose extra expansive tariffs on imports into america,” TSMC stated.

“Any tariffs imposed on imports of semiconductors and merchandise incorporating chips into america might end in elevated prices for buying such merchandise, which can, in flip, result in decreased demand for TSMC’s services and adversely have an effect on its enterprise and future development,” TSMC stated.

And if TSMC’s enterprise is rattled by escalations within the US-China commerce struggle, TSMC warned, that dangers disrupting your entire international semiconductor provide chain.

Trump’s semiconductor tariff plans stay unsure. A few week in the past, Trump claimed the charges could be unveiled “over the following week,” Reuters reported, which implies they could possibly be introduced any day now.