Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
- Taiwanese chipmaker TSMC reported a 57% increase in fourth-quarter net profit, reaching a record high on Thursday.
- TSMC's revenue for the December quarter rose by 38.8% compared to the previous year, totaling NT$868.46 billion .
- The company's profit aligned with LSEG SmartEstimate forecasts, which suggested NT$377.95 billion in net income.
- TSMC is recognized as the world's largest contract chipmaker, benefiting from rising demand for semiconductors in artificial intelligence.
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Leaning Left15Leaning Right5Center12Last UpdatedBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 37%
R 16%
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