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Taiwan: Taiwanese chipmaker TSMC reports 57% y-o-y net profit growth in Q4 2024

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Taiwan - January 16, 2025 TSMC, the Taiwanese company and world’s largest chipmaker, reported a net profit of $11.37 billion for the fourth quarter, representing a 57 percent year-on-year increase and the highest quarterly profit in the company’s history, according to a report released on Thursday. The result, which aligned with analysts' forecasts, marks a 15.2 percent rise compared to the previous quarter, when TSMC’s net profit was $9.87 billion. Camera: JAVIER CASTRO BUGARÍN. B-ROLL FOOTAGE OF THE HEADQUARTERS OF TAIWANESE CHIPMAKERS TSMC IN HSINCHU SCIENCE PARK, IN HSINCHU, TAIWAN. [Restrictions: Spain, Latin America, or the U.S. Hispanic market]

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