TSMC’s Record Earnings Highlight Strong AI Demand in Semiconductor Market

Taipei: TSMC just reported a whopping net income of $11.6 billion for the last quarter. That’s a 57% jump from last year! They’re really riding the wave of the AI boom, making chips for big names like Nvidia and Apple.

Their revenue for the last three months of the year hit $26.88 billion, which is a 37% increase compared to the same time last year. TSMC’s CFO mentioned that strong demand for their advanced chips really boosted these results.

Most of their revenue came from advanced technologies, especially chips that are 7 nanometers or smaller. For instance, Nvidia’s new AI chip, Blackwell, is made using TSMC’s 4-nanometer chips.

Looking ahead, TSMC expects some seasonal dips due to smartphone sales but still anticipates growth from AI demand. Last year, 35% of their revenue was from smartphones, while a whopping 51% came from high-performance computing.

After sharing these impressive earnings, TSMC’s stock rose nearly 1%, and it’s up over 90% in the past year. Pretty impressive, right?