A brand of Taiwan Semiconductor Manufacturing Firm (TSMC) is seen through the TSMC international RnD Heart opening ceremony in Hsinchu on July 28, 2023. (Picture by Amber Wang / AFP)
Amber Wang | Afp | Getty Photos
Taiwan Semiconductor Manufacturing Firm’s fourth-quarter income and revenue 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:
- Internet income: 868.46 billion New Taiwan {dollars} ($26.36 billion), vs. NT$850.08 billion anticipated
- Internet revenue: NT$374.68 billion, vs. NT$366.61 billion anticipated
TSMC’s income within the December quarter rose 38.8% from a 12 months earlier, whereas web revenue rose 57%.
The agency had forecast fourth-quarter income between $26.1 billion and $26.9 billion.
TSMC, the world’s largest contract chip producer, produces superior processors for purchasers akin to Nvidia and Apple and has benefited from the megatrend in favor of AI.
The corporate launched its December income final week, bringing its annual complete to NT$ 2.9 trillion — a record-breaking 12 months 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% larger on Thursday.
