TSMC reports strong revenue growth in Q4-24

Taiwan Semiconductor Manufacturing Company (TSMC) posted a $26.88 billion in the fourth quarter of 2024, marking a 37.0 per cent year-over-year increase and a 14.4 per cent rise from the previous quarter.

TSMC also reported strong profitability metrics for the quarter. Gross margin reached 59.0 per cent, operating margin was 49.0 per cent, and net profit margin stood at 43.1 per cent, as per a report published by the company on Thursday.

In the fourth quarter, TSMC’s advanced technologies performed well. Shipments of 3-nanometer process technology made up 26 per cent of total wafer revenue, 5-nanometer contributed 34 per cent, and 7-nanometer accounted for 14 per cent.

Overall, advanced technologies, defined as 7-nanometre and more advanced technologies, generated 74 per cent of total wafer revenue, demonstrating the company’s continued leadership in cutting-edge semiconductor manufacturing.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser