AI demand has once again been proven! Taiwan Semiconductor's Q4 net profit increased by 57% year-on-year, exceeding expectations, with gross margin rising to 59%.
In Q4, Taiwan Semiconductor's Net income reached 374.7 billion New Taiwan dollars (approximately 11.4 billion US dollars), surpassing market expectations of 369.8 billion New Taiwan dollars. Sales amounted to 868.46 billion New Taiwan dollars, a year-on-year increase of 39%. The strong performance reflects investors' optimistic sentiment regarding the continuing growth in demand for AI Hardware, and this trend is expected to extend into 2025.
Express News | Taiwan Semiconductor's Pre-Market Trading rose over 6%, with the company's 2025 capital expenditure guidance exceeding expectations, and rumors of CoWoS order cuts debunked.
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Express News | In the fourth quarter, Taiwan Semiconductor had a net income of 374.68 billion New Taiwan dollars, an increase of 57% year-on-year.
Taiwan Semiconductor (TSM.US) expects a 25% year-on-year increase in sales in US dollars this year and denies that CoWoS has had orders cut, which would slow down the expansion.
According to comprehensive media reports, Taiwan Semiconductor's (TSM.US) Chairman Wei Zhe-jia believes that this year will be another strong growth year for the company, with sales expected to grow by about 25% in US dollars. The average annual compound growth rate for AI chips over the next five years is expected to reach the mid-range of 40%, whereas the average annual compound growth rate in US dollars over the past five years has been 20%. Regarding rumors that Taiwan Semiconductor's CoWoS has been receiving order cuts and slowing down expansion, Wei Zhe-jia clarified that this is false; the company continues to expand production to meet customer demands. In fact, the industry believes that the overall supply of Taiwan Semiconductor's CoWoS still cannot meet demand, even if customers are from
Driven by the AI boom, Taiwan Semiconductor's net income surged by 57% in Q4.
Taiwan Semiconductor (TSM.N)'s revenue and profit in the December quarter of 2023 exceeded Analyst expectations, boosted by the AI craze.
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Express News | Taiwan Semiconductor stated that the second factory in Arizona has basically completed all construction and is expected to move in the tools within this year.
The demand for AI Chips continues to surge, and Taiwan Semiconductor's (TSM.US) performance and outlook exceed expectations across the board! Net profit in Q4 skyrocketed by 57%.
Taiwan Semiconductor (TSM.US) expects its sales and capital expenditures for the first quarter of 2025 to exceed Analyst expectations, sparking hope that AI Hardware spending will remain resilient in 2025.
Express News | The US stock market's Semiconductors Sector continued to rise in overnight trading, with Taiwan Semiconductor up nearly 6%, NVIDIA up nearly 2%, and Arm Holdings, Micron Technology, Broadcom, and others up over 1%.
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Express News | The CEO of Taiwan Semiconductor stated that the first wafer fab in Arizona will start mass production of 4-nanometer process in the fourth quarter, and the second and third wafer fabs are already on track.
Express News | Taiwan Semiconductor: The progress of the wafer fab in Japan is going very well, mass production has started, and the output is very high.
Express News | Taiwan Semiconductor expects strong demand for AI this year.
Express News | Taiwan Semiconductor stated that, calculated in US dollars, the revenue growth for 2025 will approach the mid-point of the 20% Range.