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 yr, beating estimates and hitting a contemporary report as demand for synthetic intelligence chips stayed robust.
Listed below 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 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 development.
As Asia’s largest expertise firm by market capitalization, TSMC has benefited from the artificial-intelligence increase, producing superior AI processors for purchasers comparable to Nvidia and Apple.
“Current developments in AI market proceed to be very optimistic,” TSMC CEO C.C. Wei mentioned in an earnings name, including that growing adoption of AI fashions by customers has led to extra demand for compute, and by extension, semiconductor merchandise.
Bolstered by this development, Wei mentioned 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 mentioned superior chips, with sizes 7-nanometer or smaller, accounted for 74% of TSMC’s complete wafer income within the quarter.
In semiconductor expertise, smaller nanometer sizes signify extra compact transistor designs, which result in larger processing energy and effectivity.
Development in TSMC’s most superior chips significantly drove income positive factors within the third quarter, in line with Counterpoint Analysis senior analyst William Li.
“TSMC’s strong earnings are a direct reflection of the robust 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% to date this yr.
