A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the tsmc global RD Center Opening Ceremony in HSINCHU on July 28, 2023.
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 New Taiwan Dollars ($ 26.36 Billion), vs. Nt $ 850.08 billion Expected
- Net Income: NT $ 374.68 Billion, vs. Nt $ 366.61 billion expected
TSMC Profit Rose 57% from a year earlier to a record high, while revneue jumped 38.8%. The Firm Had Forecast Fourth-Quarter Revenue Between $ 26.1 Billion and $ 26.9 Billion.
As the world’s largest contract chip manufacturer TSMC Produces Advanced Processes for Clients Such as Nvidia and Apple And has benefited from the megatrend in favor of ai.
TSMC’s High-Performance Computing Division, which encompasses artificial intelligence and 5G applications, drave sales in the fourth Quarter, Contributing 53% of Revenue. That HPC Revenue was up 19% from the Previous Quarter.
“The surgging demand for ai chips has exceded expectations in Q4,” Brady Wang, Associate Director at Counterpoint Research Told CNBC, Adding That Ravenue Was ALSO BOLTESTERED FOLES iPhone 16 Model.
The taiwan-based company first relayed Its December Revenue Last Week, Bringing Its Annual Total to Nt $ 2.9 Trillion-A Record-Breaking Year in Sense Since the company will public in 1994.
“We observed robust ai related demand from our customers through 2024,” TSMC Chairman and CEO CC Wei Said in an earnings call on Call on Call on Call on Call on Call lose to a mid-teens percentage “of Total Revenue in 2024.
“Even after more than tripling in 2024, we Forecast our Revenue From Ai Accelerators to Double in 2025 as a strong surge in ai-remand controluations as a key enabler of ai applications,” WEI Added.
However, tsmc may face some headwinds in 2025 from Us restrictions On Advanced Semiconductor Shipments to China and Uncertainty Surrounding The Trade Policy of President-Elect Donald Trump.
Wei said the company will not attend trump’s inaugation as it philosophy is to keep a low profile, reuters reported.
Trump, who will assume office next week, has Threated to impose broad tariffs on important and has previous accused Taiwan of “stealing“The US chip business.
Still, Countterpoint’s Wang Forecasts 2025 to Be Anothar Strong Year for TSMC, with Significant Revenue Growth Fueled by Strong and Expeding Demand for Ai Applications, BOTH In DIVISITY and Volumery.
Taiwan-LISTED Shares of TSMC Gained 81% in 2024 and Were Trading 3.75% Higher on Thursday.
Stocks of European Semiconductor Companies Trading on the Euronext Amsterdam Stock Exchange Rose Thursday, with ASML UP 3.5%, ASM International Gaining 3.75% and Beesi Rising 5.1%.
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