Company Performance - Taiwan Semiconductor Manufacturing (TSMC) has experienced significant growth, with revenue increasing by over 350% since 2015, driven by rising demand for semiconductors, particularly during the COVID-19 pandemic and the subsequent AI boom [4][6] - The company's gross profit has surged over 460%, with gross margin expanding from less than 49% a decade ago to nearly 60% today, indicating effective cost control and efficient manufacturing processes [5][6] - Operating income has increased more than seven times, and operating margin has improved by almost 13 percentage points to 50.8%, showcasing the company's operational efficiency [6] Financial Metrics - Net income has climbed almost 475% over the past decade, supported by a greater than nine percentage point increase in net margin [6] - Return on equity rose more than five percentage points to 35.4% in 2025, reflecting strong profitability and effective capital management [7] - The company has increased its cash and marketable securities position by 27%, while also raising dividend distributions to shareholders by 29% compared to 2024 [7]
This AI Stock Is a Money-Making Machine