TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook | Global News Avenue

TSMC’s U.S.-listed stocks (TSM) rose 4% in premarket trading Thursday after the world’s largest contract chipmaker reported better-than-expected fourth-quarter profit and a bullish outlook. Artificial Intelligence (AI) Require.

TSMC supplies technology giants such as Apple (AAPL) and NVIDIA (NVDA), announced a profit of NT$374.68 billion (US$11.37 billion), a year-on-year increase of 57%, or NT$14.45 (US$0.44) per share. Analysts polled by Visible Alpha expected revenue of NT$369.15 billion, or NT$14.20 per share.

The company reported revenue of NT$868.46 billion, a year-on-year increase of 39%. top line Last week the company disclosed its December monthly sales number. TSMC also stated at the time that its revenue in 2024 would be NT$2.89 trillion, an increase of 34%.

“Our fourth-quarter business was supported by strong demand for our industry-leading 3nm and 5nm technologies,” TSMC said. Chief Financial Officer (CFO) Huang Wendel said. “Going into the first quarter of 2025, we expect our business to be impacted by smartphone seasonality, partially offset by continued growth in artificial intelligence-related demand.”

TSMC expects first-quarter revenue of $25B-$25.8B

TSMC expects revenue in the first quarter of 2025 to be between US$25 billion and US$25.8 billion; overall profit margin Between 57% and 59%; operating profit margin between 46.5% and 48.5%. It also projects a 2025 capital budget of between $38 billion and $42 billion.