The rise of artificial intelligence not only skyrocketed the companies that are the primary suppliers of data center systems (headed by Nvidia), but also the manufacturing industry behind the chips that perform AI calculations, and specifically the largest contract chip manufacturer, TSMC .
On Thursday, the Taiwanese company published its financial numbers for the fourth quarter of 2024, which have now turned out well beyond expectations, almost on schedule – moreover, the wage producer’s prospects still look extremely good, despite the protective tariffs planned by the second Trump administration, which will be inaugurated within days.
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TSMC reported revenue of NT$868.46 billion (about US$26.36 billion) in the quarter ending December, up 38.8% year-on-year. This is accompanied by a record net profit of NT$374.68 billion ($11.4 billion), a 57% increase.
In the current quarter, the company still expects a strong sales revenue of 25-25.8 billion dollars, and the total growth in 2025 is expected to be between 20 and 30 percent. .
The company is not only cashing in more, but also spending more as expected this year, so in the 2025 investment plan, new factories will be built in the United States, Japan, Germany and the motherland with an expenditure of between 38 and 42 billion dollars. The investment budget thus increases by 41% on an annual basis, and during the report, the management also underlined that all foreign investments are currently taking place in accordance with the original plans.
Thanks to the AI boom, the stock price of TSMC – which has long been the most valuable company in Asia – increased by 81% on the Taipei Stock Exchange last year.
Source: www.hwsw.hu