Finance
TSMC's Q4 profit rises 57% to a record, in line with forecast
Published by Global Banking & Finance Review®
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
TSMC's Q4 profit increased by 57%, reaching T$374.68 billion, in line with expectations, due to strong semiconductor demand.
TAIPEI (Reuters) - Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.
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.
The profit was broadly in line with a T$377.95 billion LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate.
($1 = 32.9330 Taiwan dollars)
(Reporting by Yimou Lee, Ben Blanchard and Faith Hung; Editing by Edwina Gibbs and Christian Schmollinger)
The main topic is TSMC's record 57% increase in Q4 profit due to high semiconductor demand.
TSMC's profit increased by 57% year-on-year in the fourth quarter.
The profit rise was driven by surging demand for semiconductors used in artificial intelligence processing.
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