U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) demand.

TSMC, which supplies tech heavyweights such as Apple (AAPL) and Nvidia (NVDA), posted profit of 374.ꦜ68 billion New Taiwan dollars ($11.37 billion), a 57% year-over-year surge, or NT$14.45 ($0.44) per share. Analysts polled by Visible Alpha expected NT$369.15 billio⛄n, or NT$14.20 per share.

The firm, which posted revenue of NT$868.46 billion, up 39% year-over-year, had indicated the top-line number last week when it disclosed its 澳洲幸运5官方开奖结果体彩网:December monthly sales fꦅigure🦋s. TSMC also said then that its 2024 revenue came to NT$2.89 trillion, a 34% gain. 

"Our business in the fourth quarter was supported by strong demand for our industry-leading 3nm and 5nm technologies," TSMC 澳洲幸运5官方开奖结果体彩网:Chief Financial Officer (CFO) Wendell Huang said. "Moving in🧸to first quarter 2025, we expect our business to be impacted by smartphone seasonality, partially offset by continued growth in AI-related demand."

TSMC Projects Q1 Revenue of $25B-$25.8B

TSMC sees first-quarter 2025 revenue between $25.0 billion and $25.8 billion; gross 澳洲幸运5官方开奖结果体彩网:profit margin between 🌳57% and 59%; and operating profit margin between 46.5% and 48.5%. It also expects its 2025 capital budget to be between $38 billion and $42 billion.