TSMC Q4 PROFITS SURGE 35%, HIGHER THAN EXPECTED DUE TO STRONG AI CHIP DEMAND
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Taiwan Semiconductor Manufacturing Company (TSMC) reported a 35% year-on-year increase in Q4 profits, reaching NT$505.7 billion (≈ $16.0 billion USD), exceeding forecasts (~NT$478.4 billion)
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Q4 revenue reached 1.046 trillion TWD (≈ $33.1 billion USD), surpassing expectations and rising 20.5%, marking the eighth consecutive quarter of year-on-year profit growth
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Advanced chips (7nm and below) accounted for 77% of total wafer revenue, reflecting extremely strong demand from AI and high-performance servers
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TSMC manufactures AI chips for major clients such as Nvidia and AMD, with the AI, HPC, and 5G segments accounting for the largest share of revenue, at #thuancapill