TSMC's record results: AI as a key growth engine

Taiwan Semiconductor Manufacturing Co., a world leader in advanced chip manufacturing, has once again surprised the technology world. The company reported that its quarterly sales for the October-December period reached 868.5 billion Taiwan dollars (US$26.3 billion), up 39% year-on-year. This result exceeded analysts' expectations and confirmed that the rapid growth in demand for AI hardware will continue in 2025.

TSMC $TSM, a key supplier to companies such as Nvidia and Apple, is benefiting greatly from the development of data centers that are driving the development of AI. Tech giants such as Microsoft are investing billions of dollars in infrastructure. Microsoft, for example, announced plans to spend $80 billion during this fiscal year to expand its data centers. Similarly, other AI server manufacturers, such as Hon Hai Precision Industry, are reporting better-than-expected sales.

TSMC's strong 2024 results, which saw the company achieve 34% overall sales growth, surpassed its…