The TSMC brand is displayed on a constructing in Hsinchu, Taiwan April 15, 2025.
Ann Wang | Reuters
Taiwan Semiconductor Manufacturing Firm on Thursday reported a 39.1% enhance in third-quarter revenue from final yr, beating estimates and hitting a contemporary file as demand for synthetic intelligence chips stayed robust.
Listed here are the corporate’s outcomes versus LSEG SmartEstimates:
- Income: NT$989.92 billion new Taiwan {dollars}, vs. NT$977.46 billion anticipated
- Web earnings: NT$452.3 billion, vs. NT$417.69 billion
TSMC’s income within the September quarter rose 30.3% from a yr in the past to NT$989.92 billion, additionally beating estimates. Quarter over quarter, internet earnings elevated 13.6%, marking its second consecutive quarter of revenue progress.
As Asia’s largest expertise firm by market capitalization, TSMC has benefited from the artificial-intelligence growth, producing superior AI processors for purchasers similar to Nvidia and Apple.
“Current developments in AI market proceed to be very constructive,” TSMC CEO C.C. Wei mentioned in an earnings name, including that rising adoption of AI fashions by shoppers has led to extra demand for compute, and by extension, semiconductor merchandise.
Bolstered by this progress, Wei mentioned that the corporate had raised its 2025 income progress forecast to the mid-30% vary. In July, the corporate had anticipated full-year income progress of about 30%.
Within the July-September quarter, TSMC’s high-performance computing division, which encompasses synthetic intelligence and 5G functions, made up the vast majority of third-quarter gross sales, accounting for 57% of revenues.
TSMC mentioned superior chips, with sizes 7-nanometer or smaller, accounted for 74% of TSMC’s complete wafer income within the quarter.
In semiconductor expertise, smaller nanometer sizes signify extra compact transistor designs, which result in higher processing energy and effectivity.
Development in TSMC’s most superior chips significantly drove income positive aspects within the third quarter, based on Counterpoint Analysis senior analyst William Li.
“TSMC’s strong earnings are a direct reflection of the robust traction at 3nm in addition to excessive utilization at 4/5nm – each of that are being pushed by ongoing orders from AI GPU and HPC clients and premium smartphone platforms,” Li informed CNBC in an announcement.
Shares of TSMC in Taiwan have risen greater than 38% to this point this yr.
