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TSMC QUARTERLY PROFITS SURGE 35%, BEATING EXPECTATIONS THANKS TO AI CHIP DEMAND
🔹 Taiwan Semiconductor Manufacturing Company (TSMC) announced a 35% increase in Q4 profits year-over-year, reaching NT$505.7 billion (≈ $16.0 billion), surpassing the forecast (~NT$478.4 billion)
🔹 Q4 revenue reached NT$1.046 trillion (≈ $33.1 billion), exceeding expectations and up 20.5%, marking 8 consecutive quarters of year-over-year profit growth
🔹 Advanced 7nm and below chips account for 77% of total wafer revenue, reflecting strong demand from AI and high-performance servers
🔹 TSMC manufactures AI chips for major clients like Nvidia and AMD, with AI, HPC, and 5G segments making up the largest revenue share in the quarter#GateTradFiExperience #FedRateCutComing $BTC $ETH