TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Co. on Thursday forecast first-quarter revenue above the NT$1 trillion mark (US$31.6 billion) and said profitability should continue to strengthen.

TSMC guided first-quarter revenue at NT$1.09 trillion to NT$1.13 trillion, with a midpoint of NT$1.11 trillion, per UDN Money. The company projected a gross margin of 63% to 65% and an operating margin of 54% to 56%.

The chipmaker said fourth-quarter revenue reached about NT$1.07 trillion, exceeding its previous outlook of roughly NT$1.02 trillion to NT$1.06 trillion. According to the report, gross margin came in at 62.3%, above its earlier 59% to 61% guidance, while operating margin was 54%, topping the prior 49% to 51% range.

Capital expenditures totaled about NT$364 billion in the fourth quarter and NT$1.29 trillion for the full-year 2025, TSMC said.