Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, reported stronger-than-expected revenue for the fourth quarter, supported by growing demand for advanced chips used in artificial intelligence technologies.
The company said its revenue for the final quarter reached T$1.046 trillion, exceeding analysts’ projections and marking a sharp increase compared with the same period a year earlier. The result represents a year-on-year rise of more than 20%, reflecting sustained momentum in high-performance computing and AI-related applications.
Market expectations, based on a consensus of analysts tracked by LSEG, had placed fourth-quarter revenue slightly lower, highlighting the company’s continued ability to outperform forecasts amid a competitive global semiconductor landscape.
TSMC’s growth has been underpinned by strong orders from major technology firms, including leading designers of AI processors and consumer electronics. The company plays a central role in global chip supply chains, manufacturing advanced semiconductors for clients such as Nvidia and Apple.
The latest revenue figures reinforce expectations that demand for cutting-edge chips will remain robust, even as the broader semiconductor industry navigates cyclical fluctuations and geopolitical uncertainty.
TSMC is scheduled to provide further insight into its outlook and capital spending plans when it releases full quarterly earnings later this month.