The TSMC brand is displayed on a constructing in Hsinchu, Taiwan April 15, 2025.
Ann Wang | Reuters
Taiwan Semiconductor Manufacturing Firm on Thursday reported a 39.1% improve in third-quarter revenue from final yr, 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
- Web revenue: NT$452.3 billion, vs. NT$417.69 billion
TSMC’s income within the September quarter rose 30.3% from a yr 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 progress.
As Asia’s largest know-how firm by market capitalization, TSMC has benefited from the artificial-intelligence growth, producing superior AI processors for shoppers equivalent 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 customers has led to extra demand for compute, and by extension, semiconductor merchandise.
Bolstered by this progress, Wei stated that the corporate had raised its 2025 income progress forecast to the mid-30% vary. In July, the corporate had anticipated full-year income progress of about 30%.
Within the July-September quarter, TSMC’s high-performance computing division, which encompasses synthetic intelligence and 5G functions, made up nearly all 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 higher processing energy and effectivity.
Development in TSMC’s most superior chips notably drove income good points within the third quarter, in line with Counterpoint Analysis senior analyst William Li.
“TSMC’s sturdy 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 prospects and premium smartphone platforms,” Li instructed CNBC in a press release.
Shares of TSMC in Taiwan have risen greater than 38% to date this yr.
