TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company’s revenues for the fourth quarter and year reached record highs.
On Friday, TSMC reported net revenue for December reached NT$278.163 billion (US$8.437 billion), up 0.8% from November, marking the second-highest monthly revenue in its history, per CNA. TSMC’s self-reported fourth-quarter revenue reached NT$868.461 billion, setting a new quarterly record and exceeding expectations with an increase of 14.32%.
TSMC's self-reported annual revenue for last year reached a record high of NT$2.8943 trillion, representing a 33.9% year-on-year surge.
Previously, TSMC projected fourth-quarter revenue of US$26.1 billion to US$26.9 billion.
TSMC plans to hold an investor conference on Jan. 16 to release its fourth-quarter financial report and provide an outlook for the new year’s operations. Analysts expect that due to continued strong demand for AI, TSMC is likely to continue its strong growth momentum.