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TSMC shares surged after Q4 earnings: Will AI demand drive another strong earnings season?
TSMC's fourth-quarter revenue was flat year-over-year at NT$625.5 billion, while EPS declined 19.3% year-over-year to NT$46. Management's gr もっと見る
TSMC's fourth-quarter revenue was flat year-over-year at NT$625.5 billion, while EPS declined 19.3% year-over-year to NT$46. Management's growth forecast for 2024 is around 20% due to strong demand for high-end chips used in AI applications. Chief Executive Officer C. C. Wei, who’s set to take over the chairmanship from Mark Liu this year, reiterated he expects a return to “healthy growth.”

In terms of expanding its global manufacturing footprint, TSMC is actively building factories in Japan, Germany and the US. A first fab in Japan will open next month with volume production in the fourth quarter, while the company was also exploring building a second factory in the country.

The company's shares were up 9.8% on Thursday after the earnings report, reaching a market value of $54.1 billion.

💬Discuss
1) What's your opinion on TSMC's Q4 earnings?
2) Do you think AI demand will boost the earnings season again?
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