TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, with net revenue of 868.46 billion New Taiwan dollars and net income of NT$374.68 billion, driven by surging demand for advanced chips used in artificial intelligence applications. The company’s high-performance computing division, which includes AI and 5G applications, contributed 53% of revenue, with AI accelerator products accounting for a significant portion and expected to double in revenue in 2025 despite potential headwinds from U.S. restrictions on semiconductor shipments to China and uncertainty surrounding the trade policy of President-elect Donald Trump.

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