TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for

The news comes in the same week that independent journalist Tim Culpan reported that the chipmaker has secured a second Apple product for production at its Arizona fab, with the previously reported AMD product now being named as the Ryzen 9000, codenamed Grand Rapids.

Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.

For 2024, TSMC's revenue totaled 2.9 trillion New Taiwan Dollars, its highest annual sales since going public in 1994. Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.

KEY TAKEAWAYSChip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.Foxconn, whose formal name is Hon Hai Precision Industry,

Boldly going Nvidia and TSMC have developed a silicon photonics-based chip prototype, according to a recent report from the Taiwanese press. Silicon photonics merges photonic circuits with traditional electronic circuits to surpass physical limitations in semiconductor fabrication.

Stock up 105% in the past year: The monthly revenue report is a taster of things to come, with Q4 earnings due 16 January. The combination of the December revenue and latest guidance already shows investors the high demand for artificial intelligence chips and services may well continue into 2025.

The strong AI momentum has more than doubled TSMC's sales since 2020, solidifying its position as a critical supplier in the semiconductor ecosystem. TSMC's stock has mirrored its operational success, soaring 81% over the past year and far outpacing the broader market's 28.5% gain.

Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.

South Korean outlets report that NVIDIA and Qualcomm are considering switching to Samsung Foundry for 2nm chip production, as TSMC prices are too high.

TSMC, the world's largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), according to Reuters calculations, easily beating a market forecast, as the company reaps the benefit from artificial intelligence demand.