TSMC ( (TSM) ) has issued an update.
On February 12, 2025, TSMC’s Board of Directors approved the 2024 Business Report and Financial Statements, revealing consolidated revenue of NT$2,894.31 billion with a net income of NT$1,173.27 billion. Key resolutions included a cash dividend distribution, employee bonuses, and capital appropriations to expand technology and production capabilities. The Board also approved significant capital investments to enhance TSMC’s long-term capacity plans, highlighting its commitment to addressing market demand and maintaining industry leadership.
More about TSMC
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is a leading dedicated semiconductor foundry established in 1987. The company pioneered the pure-play foundry business model and supports a global ecosystem of customers and partners with advanced process technologies and design enablement solutions. TSMC operates globally across Asia, Europe, and North America, manufacturing a wide range of advanced and specialty technology services.
YTD Price Performance: 3.55%
Average Trading Volume: 14,583,807
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $873.1B
Learn more about TSM stock on TipRanks’ Stock Analysis page.