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Taiwan Semiconductor's quarterly revenue exceeded expectations, boosting the AI outlook for 2025.
Taiwan Semiconductor's quarterly sales exceeded expectations, reinforcing investor expectations that the surge in AI Hardware spending will continue until 2025. According to Taiwan Semiconductor's disclosed monthly data, revenue for the October-December period grew by 39%, reaching 868.5 billion New Taiwan dollars (26.3 billion US dollars). The average estimate from Analysts was 854.7 billion New Taiwan dollars. Taiwan Semiconductor manufactures chips for NVIDIA and Apple. The company's strong performance supports investor expectations that large Technology companies, from Alphabet Inc. to Microsoft, will continue to rapidly build and upgrade Datacenter to accelerate AI development. This month, AI services...
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