TSMC's Quarterly Sales Exceed Predictions, Strengthening AI Growth Projections for 2025 - PRESS AI WORLD
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TSMC's Quarterly Sales Exceed Predictions, Strengthening AI Growth Projections for 2025

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TSMC's Quarterly Sales Exceed Predictions, Strengthening AI Growth Projections for 2025

Credited from: SCMP

  • Taiwan Semiconductor Manufacturing Co (TSMC) reported a 39% rise in quarterly sales, exceeding estimates with revenues of NT$868.5 billion (US$26.3 billion).
  • The strong performance supports expectations for continued spending on AI hardware by tech giants like Google, Microsoft, and others.
  • TSMC's market value has nearly doubled in 2024, but concerns persist about the sustainability of AI demand and potential overbuilding.
  • Investors are awaiting TSMC's full earnings report on January 16 for insights into future industry outlooks and growth plans.
  • Expansions and new plants are planned in Europe and other regions to cater to the AI market, indicating TSMC's long-term growth strategy.

For the full article, visit SCMP.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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