On September 26, 2023, the TSMC logo was displayed on the screen of the New York Stock Exchange.
Brendan McDermid | Reuters
Taiwan Semiconductor Manufacturing Company The company reported December quarter revenue that beat analysts’ expectations as the company continues to get a boost from the artificial intelligence boom.
According to CNBC calculations, the world’s largest chipmaker had fourth-quarter revenue of NT$868.5 billion (US$26.3 billion), a 38.8% increase from the same period last year.
This beat Refinitiv’s consensus estimate of NT$850.1 billion.
TSMC makes semiconductors for some of the world’s largest companies, including apple and NVIDIA.
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