World's biggest chipmaker TSMC beats sales estimates as AI boost continues

Company Performance - Taiwan Semiconductor Manufacturing Co (TSMC) reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), a 38.8% year-on-year increase [1] - The revenue surpassed Refinitiv consensus estimates of 850.1 billion New Taiwan dollars [2] Industry Context - TSMC, the world's largest chip manufacturer, benefits from the ongoing AI boom [1] - The company manufactures semiconductors for major global companies, including Apple and Nvidia [2]