TSMC Says AI Demand is 'Endless' After Record Q4 Earnings

TSMC's Record Q4 Earnings and AI Demand

TSMC, the world's top chipmaker, has reported a record Q4 earnings, and according to their CEO, the demand for AI chips is 'endless'.

TSMC's Record Q4 Earnings

TSMC's Q4 earnings have exceeded expectations, with the company reporting a net profit of $6.4 billion, a 30% increase from the same period last year. The company's revenue also reached a record high of $17.8 billion, a 25% increase from the same period last year.

AI Demand is 'Endless'

According to TSMC's CEO, C.C. Wei, the demand for AI chips is 'endless'. Wei stated that the company's customers are constantly asking for more AI chips, and the company is struggling to keep up with the demand.

AI Chips and Their Applications

AI chips are used in a variety of applications, including smartphones, laptops, and data centers. The demand for AI chips is driven by the increasing use of artificial intelligence in various industries, including healthcare, finance, and transportation.

TSMC's Plans to Meet the Demand

To meet the growing demand for AI chips, TSMC plans to invest heavily in its manufacturing capacity. The company has announced plans to invest $165 billion in its Arizona chip expansion, which will increase its production capacity by 20%.

Conclusion

TSMC's record Q4 earnings and the demand for AI chips are a testament to the growing importance of artificial intelligence in various industries. The company's plans to invest heavily in its manufacturing capacity will help it meet the growing demand for AI chips and maintain its position as the world's top chipmaker.

Sources

[3] TSMC says AI demand is “endless” after record Q4 earnings