Can TSM Sustain 60%+ Gross Margin Amid Overseas Fab Expansion?

Key Takeaways TSM posted 62.3% Q4 gross margin, up 330 bps year over year despite higher overseas costs.TSM sees 63%-65% Q1 margin, even as new U.S., Japan and Europe fabs dilute margins by 2%-4%.TSM's revenues rose 25.5% to $33.73B in Q4, driven by strong AI and advanced node demand.Taiwan Semiconductor Manufacturing Company (TSM) , also known as TSMC, has consistently delivered strong gross margins, supported by robust demand for advanced nodes and high factory utilization. To capitalize on the growing de ...