Taiwan Semiconductor Manufacturing Co. (TSMC) announced its fourth-quarter revenue on Friday. The company reported T$1,046.08 billion, equivalent to $33.05 billion. This performance marks a 20.45% increase compared to the same period last year.
The reported revenue exceeded analyst expectations. An LSEG SmartEstimate, based on a survey of 20 analysts, had projected revenue of T$1,035.913 billion.
Strong results were driven by surging global interest in artificial intelligence applications. TSMC, a critical supplier to major technology firms including Nvidia and Apple, reflects sustained high demand for advanced chips, particularly within the AI sector.