TSMC beats sales estimates as AI chip boost continues

From CNBC: 2025-01-10 02:08:09

Taiwan Semiconductor Manufacturing Co. exceeded analyst expectations with fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), up 38.8% year-on-year. TSMC, the world’s largest chip manufacturer, is benefiting from the AI boom and counts Apple and Nvidia among its clients. The company beat Refinitiv consensus estimates of 850.1 billion New Taiwan dollars.



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