TSMC posts record Q4 profit on AI chip boom, flags strong revenue growth

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant increase in fourth-quarter profit, exceeding market expectations and achieving a new record due to the rising global demand for artificial intelligence chips [1] Financial Performance - TSMC's net income rose by 35% compared to the previous year, marking the eighth consecutive quarter of year-on-year profit growth [1]