Stock up 105% in the past year: The monthly revenue report is a taster of things to come, with Q4 earnings due 16 January. The combination of the December revenue and latest guidance already shows investors the high demand for artificial intelligence chips and services may well continue into 2025.

Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. posted fourth-quarter revenue that beat Wall Street estimates as the company keeps gaining from the artificial intelligence (AI) boom.Shares in the world's largest contract chip manufacturer are rising 1.

Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates as the company continues to get a boost from the AI boom. TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.