➀ TSMC expects its 2025 capital expenditure (capex) to be between $38 to $42 billion; ➁ 70% of this will be allocated to advanced processes, 20-30% to mature processes, and 10-20% to packaging, testing, and other areas; ➂ The company anticipates Q1 revenue of $25 to $25.8 billion with a gross margin of 57-59% and an operating margin of 46.5-48.5%.