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The latest update is out from TSMC ( (TSM) ).
TSMC reported its fourth-quarter 2024 financial results on January 16, 2025, showcasing a significant 38.8% year-over-year increase in revenue to NT$868.46 billion and a 57.0% rise in net income to NT$374.68 billion. The company’s earnings per share also rose to NT$14.45. TSMC’s growth was driven by strong demand for its advanced 3nm and 5nm technologies, with these advanced technologies accounting for 74% of total wafer revenue. As TSMC moves into the first quarter of 2025, they anticipate revenue between US$25.0 billion and US$25.8 billion, with continued growth in AI-related demand expected to partially offset seasonal smartphone demand fluctuations. The company has set its 2025 capital budget between US$38 billion and US$42 billion.
More about TSMC
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is a world-leading dedicated semiconductor foundry that pioneered the pure-play foundry business model. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC supports a global ecosystem of customers and partners by offering advanced process technologies and a broad range of design enablement solutions. The company operates worldwide, including in Asia, Europe, and North America, and is a committed corporate citizen.
YTD Price Performance: 2.59%
Average Trading Volume: 13,897,725
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $857.8B
See more insights into TSM stock on TipRanks’ Stock Analysis page.
