Taiwan Semiconductor Q4 Earnings: 3nm and 5nm Nodes Lead Topline Growth, Expands Margins, Issues Strong Q1 Outlook
1. TSM's Q4 results surpassed forecasts with $26.88 billion revenue, up 38.8%. 2. Demand for 3-nm and 5-nm chips drives revenue growth amidst AI technology surge. 3. Guided Q1 revenue forecast exceeds consensus, indicating strong ongoing demand. 4. Gross margins improved to 59%, fueled by advanced technology adoption. 5. Capital expenditures for 2025 raised to $38-$42 billion amid growing geopolitical tensions.