Taiwan Semiconductor Manufacturing Co. December-quarter revenue and profit topped analyst estimates as the company benefits from the AI boom. TSMC's revenue in the December quarter rose 38.8% from a year earlier to NT$868.

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.

Taiwan Semiconductor Manufacturing Co. on Thursday reported a record net profit of 374.68 billion New Taiwan dollars ($11.3 billion) for the fourth quarter, up 57% on the year thanks to strong demand for AI chips,

Chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI

Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.

World's largest contract chipmaker, whose customers include Apple and Nvidia, posted a net profit of T$374.68 billion ($11.4 billion) for the quarter ended Dec 31

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Net revenue for the fourth quarter rose 38.

Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects hefty first-quarter revenue growth as demand surges for chips used in artificial intelligence processing.