A brand of Taiwan Semiconductor Manufacturing Firm (TSMC) is seen throughout the TSMC world RnD Middle opening ceremony in Hsinchu on July 28, 2023. (Photograph by Amber Wang / AFP)
Amber Wang | Afp | Getty Pictures
Taiwan Semiconductor Manufacturing Company‘s fourth-quarter revenue and profit beat expectations, as demand for superior chips utilized in synthetic intelligence functions continued to surge.
Listed here are TSMC’s fourth-quarter outcomes versus LSEG consensus estimates:
- Web income: 868.46 billion New Taiwan {dollars} ($26.36 billion), vs. NT$850.08 billion anticipated
- Web revenue: NT$374.68 billion, vs. NT$366.61 billion anticipated
TSMC’s income within the December quarter rose 38.8% from a yr earlier, whereas internet revenue rose 57%.
The agency had forecast fourth-quarter income between $26.1 billion and $26.9 billion.
TSMC, the world’s largest contract chip producer, produces superior processors for purchasers comparable to Nvidia and Apple and has benefited from the megatrend in favor of AI.
The corporate released its December income final week, bringing its annual whole to NT$ 2.9 trillion — a record-breaking yr in gross sales because the firm went public in 1994.
In 2025, the corporate faces some headwinds from U.S. export controls on China and uncertainty surrounding the commerce coverage of President-elect Donald Trump, who has threatened to impose broad tariffs and has additionally accused Taiwan of “stealing” the U.S. chip enterprise.
Taiwan-listed shares of TSMC gained 81% in 2024 and have been buying and selling 3.75% increased on Thursday.
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