The TSMC emblem is displayed on a constructing in Hsinchu, Taiwan April 15, 2025.
Ann Wang | Reuters
Taiwan Semiconductor Manufacturing Firm on Thursday reported a 39.1% enhance in third-quarter revenue from final 12 months, beating estimates and hitting a contemporary file as demand for synthetic intelligence chips stayed sturdy.
Listed here are the corporate’s outcomes versus LSEG SmartEstimates:
- Income: NT$989.92 billion new Taiwan {dollars}, vs. NT$977.46 billion anticipated
- Internet revenue: NT$452.3 billion, vs. NT$417.69 billion
TSMC’s income within the September quarter rose 30.3% from a 12 months in the past to NT$989.92 billion, additionally beating estimates. Quarter over quarter, internet revenue elevated 13.6%, marking its second consecutive quarter of revenue development.
As Asia’s largest know-how firm by market capitalization, TSMC has benefited from the artificial-intelligence growth, producing superior AI processors for purchasers akin to Nvidia and Apple.
“Latest developments in AI market proceed to be very constructive,” TSMC CEO C.C. Wei stated in an earnings name, including that rising adoption of AI fashions by shoppers has led to extra demand for compute, and by extension, semiconductor merchandise.
Bolstered by this development, Wei stated that the corporate had raised its 2025 income development forecast to the mid-30% vary. In July, the corporate had anticipated full-year income development of about 30%.
Within the July-September quarter, TSMC’s high-performance computing division, which encompasses synthetic intelligence and 5G functions, made up the vast majority of third-quarter gross sales, accounting for 57% of revenues.
TSMC stated superior chips, with sizes 7-nanometer or smaller, accounted for 74% of TSMC’s whole wafer income within the quarter.
In semiconductor know-how, smaller nanometer sizes signify extra compact transistor designs, which result in better processing energy and effectivity.
Development in TSMC’s most superior chips notably drove income features within the third quarter, in response to Counterpoint Analysis senior analyst William Li.
“TSMC’s strong earnings are a direct reflection of the sturdy traction at 3nm in addition to excessive utilization at 4/5nm – each of that are being pushed by ongoing orders from AI GPU and HPC clients and premium smartphone platforms,” Li instructed CNBC in an announcement.
Shares of TSMC in Taiwan have risen greater than 38% up to now this 12 months.