The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on September 26, 2023.
Brendan McDermid | Reuters
Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that beat analyst estimates, as the company continues to get a boost from the AI boom.
The world’s largest chipmaker reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), according to CNBC calculations, up 38.8% year-on-year. the year
That beat Refinitiv’s consensus estimate of New Taiwan’s $850.1 billion.
TSMC manufactures semiconductors for some of the world’s largest companies, including Apple and Nvidia.
This story has been updated. Please check back for more.
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2025-01-10 07:08:00
