TSMC Sets New Quarterly Profit Record, Anticipates Substantial Revenue Growth by Early 2025
2025-01-16 / Read about 0 minute
Author:小编   

On January 16, Taiwan Semiconductor Manufacturing Company (TSMC) announced its financial results for the fourth quarter, showcasing unprecedented quarterly profits. Net profit surged by 57% year-over-year, totaling NT$374.68 billion (equivalent to US$11.4 billion), while revenue jumped 39% compared to the same period last year. For the first quarter of 2024, TSMC projects a remarkable 37% increase in revenue, with capital expenditures expected to range from US$38 billion to US$42 billion, marking a potential growth of up to 41%. This robust growth is primarily fueled by the soaring demand for AI processing chips, and TSMC remains optimistic about this ongoing trend.