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TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global 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 advanced chips used in artificial intelligence applications continued to surge.

Here are TSMC’s fourth-quarter results versus LSEG consensus estimates:

  • Net revenue: 868.46 billion…

Article Source
https://www.cnbc.com/2025/01/16/tsmc-fourth-quarter-profit-beats-expectations-on-strong-ai-chip-demand.html

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