TAIPEI (Reuters) – Taiwanese chipmaker TSMC stated fourth-quarter internet revenue rose 57% to a file on Thursday, consistent with expectations, because it advantages from surging demand for semiconductors utilized in synthetic intelligence processing.
Taiwan Semiconductor Manufacturing (TSMC), the world’s largest contract chipmaker and a serious Apple (NASDAQ:) and Nvidia (NASDAQ:) provider, noticed October to December internet revenue rise to T$374.68 billion ($11.38 billion) from T$238.7 billion a 12 months earlier.
The revenue was broadly consistent with a T$377.95 billion LSEG SmartEstimate, which is weighted towards forecasts from analysts who’re extra persistently correct.
($1 = 32.9330 Taiwan {dollars})