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.

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.

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,

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

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.