Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI’s 2025 outlook
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
TSMC’s Sales Beat Estimates in a Boost for AI’s Outlook in 2025
Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.
TSMC sales top estimates
TSMC’s market value nearly doubled last year, and it now trades in the US at a valuation close to US$1.1 trillion. However, some investors worry about when the AI boom would peter out. While TSMC’s revenue beat, it was just 1.6 percent higher than the average projection and fell short of the most bullish analyst expectations.
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
For 2024, TSMC's revenue totaled 2.9 trillion New Taiwan Dollars, its highest annual sales since going public in 1994. Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.
TSMC Posts Q4 Revenue Beating Estimates on AI Boom
Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.
Taiwan Semiconductor's Q4 revenue beats estimates amid growing AI demand
Taiwan Semiconductor Manufacturing's (NYSE:TSM) revenue for December 2024 surged 57.8% year-over-year to about NT$278.16B, amid a growing demand for AI applications. TSM — which produces chips for some of the world's largest tech companies including Apple (AAPL),
World's biggest chipmaker TSMC beats sales estimates as AI boost continues
Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates as the company continues to get a boost from the AI boom. TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.
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TSMC breaks record with December revenue backed by relentless AI demand
TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ...
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TSMC posts record 2024 revenues, reportedly secures second Apple product for production at Arizona fab
The news comes in the same week that independent journalist Tim Culpan reported that the chipmaker has secured a second Apple ...
Nvidia, TSMC, Other AI Chip Stocks Surge as Foxconn Posts Record Revenue
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom ...
TSMC's fourth-quarter revenue handily beats market forecast
TSMC, the world's largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), ...
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Nvidia and TSMC team up on a silicon photonics chip prototype
Boldly going Nvidia and TSMC have developed a silicon photonics-based chip prototype, according to a recent report from the ...
TSMC Achieves Record Revenue in 2024, Driven by AI Demand
The strong AI momentum has more than doubled TSMC's sales since 2020, solidifying its position as a critical supplier in the ...
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Taiwan chip giant TSMC says 2024 revenue rose 33.9%
Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as ...
Delta Air Lines, Walgreens and TSMC rise premarket; Nvidia, AMD fall
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock rose 1.2% after the world’s biggest contract chipmaker reported ...