A brand of Taiwan Semiconductor Manufacturing Company (TSMC) is seen in the course of the TSMC world RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)
Amber Wang | Afp | Getty Images
Taiwan Semiconductor Manufacturing Company‘s fourth-quarter revenue and profit beat expectations, as demand for superior chips utilized in synthetic intelligence purposes continued to surge.
Here are TSMC’s fourth-quarter outcomes versus LSEG consensus estimates:
- Net income: 868.46 billion New Taiwan {dollars} ($26.36 billion), vs. NT$850.08 billion anticipated
- Net 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 $26.9 billion.
TSMC, the world’s largest contract chip producer, produces superior processors for purchasers similar to Nvidia and Apple and has benefited from the megatrend in favor of AI.
The firm released its December income final week, bringing its annual complete to NT$ 2.9 trillion — a record-breaking yr in gross sales for the reason that 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 had been buying and selling 3.75% greater on Thursday.
