AI investments are boosting Taiwan Semiconductor's Q4 earnings growth

From Nasdaq: 2025-01-14 07:43:00

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is set to release its fourth-quarter 2024 earnings on Jan. 16. The company’s focus on cutting-edge semiconductor technologies and the global demand for AI applications position it for strong financial results. Stay updated with Zacks Earnings Calendar for all quarterly releases.

The rapid adoption of AI technology across industries has fueled demand for high-performance chips, benefiting Taiwan Semiconductor. Its leadership in advanced process nodes is expected to drive significant revenue growth in the fourth quarter. Learn more about TSM’s Q4 results here.

For Q4, Taiwan Semiconductor projects revenues between $26.1 billion and $26.9 billion, highlighting a sequential increase of 12.8% at the midpoint. The company’s ramp-up of 3-nm production is expected to capitalize on AI-driven opportunities and drive growth. Check out TSM’s Price and EPS Surprise here.

Taiwan Semiconductor’s robust customer base, including industry giants like NVIDIA, AMD, Intel, Qualcomm, and Broadcom, contributes to its revenue growth. Relationships with these key players are expected to boost TSM’s top-line growth in the reported quarter. However, rising operational costs may impact profitability negatively.

Trillions of dollars in Federal funds are allocated for infrastructure spending, benefiting various sectors like AI data centers and renewable energy sources. Discover 5 stocks positioned to profit the most from this spending spree and download the free report on How to Profit from the Trillion-Dollar Infrastructure Boom today.



Read more at Nasdaq: AI Investments Boom to Aid Taiwan Semiconductor’s Q4 Earnings Growth