TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Taiwan Semiconductor Manufacturing Company's fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge.Here are TSMC's fourth-quarter results versus LSEG consensus estimates:Net revenue: 868.46 billion New Taiwan dollars ($26.36 billion), vs. NT$850 ...