Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » TSMC December sales surge 58% as AI demand remains strong By Investing.com
    News

    TSMC December sales surge 58% as AI demand remains strong By Investing.com

    userBy userJanuary 10, 2025No Comments1 Min Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Investing.com– TSMC (NYSE:) clocked a sharp increase in its sales for December as the world’s biggest contract chipmaker continued to see robust demand from the fast-growing artificial intelligence industry.

    Sales rose 57.8% year-on-year to T$278.16 billion ($8.44 billion), TSMC said in a statement on Friday. The pace of growth also picked up sharply from the prior month,. 

    The figure brought TSMC’s fourth-quarter revenue to T$868.46 billion, up substantially from the T$625.53 seen in the prior year. 

    The strong sales set a positive tone for chip demand going into 2025, as TSMC continued to benefit from heightened capital expenditure on data centers and other AI-related infrastructure. This trend has largely offset weakness in chip demand from consumer electronics, which TSMC warned is unlikely to improve in the near-term.

    The chipmaker is a key part of the global chip supply chain, and manufactures chips for several major technology companies. AI darling NVIDIA Corporation (NASDAQ:) is TSMC’s biggest customer, and has been a key source of AI-fueled demand over the past two years. 

    TSMC will report its fourth-quarter earnings next week.

     





    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleSuitable market conditions for carbon credit transactions
    Next Article Wolfe Chooses the Best Internet Stocks to Buy
    user
    • Website

    Related Posts

    No savings at 40? Here are 3 steps to target a comfortable retirement with UK shares

    June 30, 2025

    Dow, S&P 500, Nasdaq Gain; Trump Sparks Fed Rate Hopes; Nvidia, Micron, More Movers; Dollar Sinks to 3-Year Low

    June 29, 2025

    Old Dominion Freight Line, Inc. (NASDAQ:ODFL) institutional owners may be pleased with recent gains after 6.8% loss over the past year

    June 29, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d