News Digest / Lukas Schmidt

Author: Lukas Schmidt

02:59am, Thursday, Jan 16, 2025
Taiwan Semiconductor Manufacturing Company (TSMC) reported a record net income of T$374.68 billion for Q4 2023, a 57% year-on-year increase, driven by AI chip demand. TSMC projects 37% revenue growth for Q1 2025 and plans $65 billion for new U.S. factories, despite potential trade challenges.