TAIPEI (Reuters) – TSMC, the world’s largest contract chip maker, reported fourth-quarter revenue of T$868.42 billion ($26.36 billion) on Friday, according to Reuters calculations, handily beating market forecasts as the company reaps the benefits from the demand for artificial intelligence.
LSEG SmartEstimate, a poll of 23 analysts, forecast fourth-quarter revenue of T$853.57 billion.
Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Apple (NASDAQ: ) and Nvidia (NASDAQ: ).
($1 = 32.9530 Taiwan dollars)
