TSMC Reports Robust Revenue Growth in December 2024

Taiwan Semiconductor Manufacturing ( (TSM) ) has provided an announcement.

TSMC reported a significant increase in its consolidated net revenue for December 2024, reaching approximately NT$278.16 billion, which marks a 0.8% month-over-month increase and a substantial 57.8% year-over-year rise. For the full year 2024, the company reported a total revenue of NT$2,894.31 billion, representing a 33.9% increase over the previous year. This impressive financial growth underscores TSMC’s robust market position and highlights its continued expansion and success in the semiconductor industry.

More about Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is a leading firm in the semiconductor industry, specializing in the manufacture and sale of integrated circuits and other semiconductor devices. TSMC operates primarily in the foundry segment, providing comprehensive services to design and manufacture chips for various sectors, including consumer electronics, automotive, and telecommunications.

YTD Price Performance: 2.75%

Average Trading Volume: 13,745,777

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $871.4B

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