Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.

Chip giant TSMC posts a record-breaking quarter, shrugs off U.S. export curbs, and gears up for massive expansion.

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.Net revenue for the fourth quarter rose 38.

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.

Taiwan Semiconductor (TSM) has reported its Q4 2024 earnings results which saw the company deliver high revenue and profits. On January 16, 2025, Taiwan Semiconductor (TSM) reported its further quarter earnings results which showed an increased to net income and diluted EPS of 57 percent while revenue for the quarter increased 38.8 percent.

Taiwan Semiconductor Manufacturing (TSMC), the world's largest contract chipmaker and a major Apple and Nvidia supplier, saw October to December net profit rise to T$374.68 billion ($11.38 billion) from T$238.7 billion a year earlier.

TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.