TSMC , the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.

TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for

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

Yet with 1.79 million vehicle sales in 2024, the Cybertruck isn't relied on heavily when it comes to overall financial performance. The energy sector has started 2025 strongly, after lagging the market for the past two years.

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.