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TSMC's Net Profit for the Fourth Quarter Rockets 35%, Outstripping Market Forecasts
3 week ago /
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Author：小编
On Thursday, TSMC unveiled its financial performance, showcasing an extraordinary 35% year-on-year leap in net profit for the fourth quarter. This remarkable achievement not only set a new record high but also surpassed market anticipations. The driving force behind this surge was the swift expansion in demand for semiconductors tailored for artificial intelligence applications. Between October and December, TSMC's net profit soared to NT$505.7 billion (roughly equivalent to US$16.01 billion), outperforming the projections made by LSEG institutions. Furthermore, TSMC's annual revenue for the entire year amounted to NT$3.809 trillion, accompanied by a net profit of NT$1.719 trillion.
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