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Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI in 2025

  • Tsmc reported a 39 percent rise in revenue to NT$868.5 billion for October-December 2024, exceeding estimates of NT$854.7 billion.
  • Tsmc achieved 34 percent revenue growth for 2024, surpassing its target of a 30 percent annual rise.
  • Tsmc's market value nearly doubled in 2024, reaching a valuation close to US$1.1 trillion.
  • The strong performance of Tsmc raises expectations for continued investment in AI development by big tech companies.
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