TSMC posts record annual revenue as AI demand drives sales
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Taiwan Semiconductor Manufacturing Company (TSM) reports that its revenue for the month of December beat estimates and has risen by over 57% year-over-year, while also announcing its highest revenue print since first going public 30 years ago.
Seana Smith and Brad Smith monitor TSMC's stock moves in Friday's pre-market trading period and where it may fit into the broader AI landscape expected to broaden in 2025.
TSMC is scheduled to report its fourth quarter earnings next week, on Thursday, January 16.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
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