The logo of Taiwan Semiconductor Manufacturing Company is displayed on a screen at the New York Stock Exchange on September 26, 2023.
Brendan McDermid | Reuters
Taiwan Semiconductor Manufacturing Co. reported December quarter revenue that beat analyst estimates, as the company continues to benefit from the AI boom.
The world’s largest chipmaker reported fourth-quarter revenue of 868.5 billion new Taiwan dollars ($26.3 billion), according to CNBC calculations, up 38.8% from one year.
This exceeds the Refinitiv consensus estimate of NT$850.1 billion.
TSMC manufactures semiconductors for some of the world’s largest companies, including Apple And Nvidia.
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