TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
1. TSMC's Q4 revenue, NT$868.46 billion, exceeded estimates. 2. Net income rose to NT$374.68 billion, beating forecasts. 3. Annual revenue reached a record NT$2.9 trillion in 2023. 4. Chip demand, especially for AI, significantly boosted Q4 performance. 5. Potential headwinds from US export controls could affect future growth.