TSMC(US:TSM) Jin Rong Jie·2026-01-15 23:58Group 1 - TSMC reported Q4 2025 revenue of $33.73 billion, a year-over-year increase of 25.5%, with a net profit of approximately $16 billion, up 35% [1] - The gross margin rose to 62.3%, and the total annual revenue reached $122 billion, reflecting a 35.9% year-over-year growth [1] - Advanced process technologies (7nm and below) accounted for 77% of wafer revenue in Q4, with 3nm contributing 28%, and 5nm and 7nm contributing 35% and 14% respectively [1] Group 2 - TSMC's guidance for Q1 2026 indicates expected revenue between $34.6 billion and $35.8 billion, representing a 38% year-over-year increase, with a gross margin forecast of 63% to 65% [1] - Capital expenditures for 2026 are projected to be between $52 billion and $56 billion, significantly higher than the $40.9 billion in 2025, with 70% to 80% allocated to advanced processes [1] - TSMC's CEO expressed confidence in outpacing industry growth, anticipating a 14% annual increase in the overall foundry market in 2026, driven by AI-related demand [2]