The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.

Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.

The world's largest chip manufacturer reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), according to CNBC calculations, up 38.8% year-on-year. That beat Refinitiv consensus estimates of 850.1 billion New Taiwan dollars.

TSMC’s market value nearly doubled last year, and it now trades in the US at a valuation close to US$1.1 trillion. However, some investors worry about when the AI boom would peter out. While TSMC’s revenue beat, it was just 1.6 percent higher than the average projection and fell short of the most bullish analyst expectations.

It is crucial that TSMC serves as the leader in charge of the AI revolution. The company makes some of the world's most advanced microchips, which power products from Silicon Valley giants like Apple's (AAPL,

Yet with 1.79 million vehicle sales in 2024, the Cybertruck isn't relied on heavily when it comes to overall financial performance. The energy sector has started 2025 strongly, after lagging the market for the past two years.

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.Shares in the world's largest contract chip manufacturer are rising 1.