TSMC smashes forecasts with record profit, flags more US factories


FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang/File Photo

TAIPEI, ‌Jan 15 (Reuters) - TSMC, the world's main producer of advanced AI chips, on Thursday posted a forecast-smashing 35% jump in fourth-quarter profit ‌to a record high, predicted robust annual growth and flagged more U.S. manufacturing capacity was in the works.

Riding high on ‌what it calls the "AI mega trend", TSMC said its customers, and their customers, were "providing strong signals" and requesting capacity, forecasting 2026 revenue would rise nearly 30% in U.S. dollar terms.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Lucid unveils steering wheel-free robotaxi concept, taking aim at Tesla's Cybercab
US appeals court throws out injunction against California law on children's online safety
Microsoft's Rajesh Jha, head of experiences and devices unit, to retire
Ukraine opens battlefield data access to allies' AI models
SoftBank-backed PayPay shares set to open 38% above IPO price
Exclusive-Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasion
Pentagon CTO says 'no chance' of renewed Anthropic negotiations
Bumble shares surge as investors swipe right on AI-powered reboot
US insurers and hospitals turn to new AI for age-old battle over charges vs payments
Google names London office 'Platform 37' in a nod to railway neighbour, AI 'Go' match

Others Also Read