TAIPEI (TVBS News) — TSMC (台積電) will hold its fourth-quarter earnings call at 2 p.m. on Thursday (Jan. 16) to provide further insights into its financial outlook and strategic plans, after reporting a 34% increase in annual revenue for 2024, reaching NT$2.9 trillion (around US$87.8 billion).
Taiwan's stock market opened with TSMC shares rising by NT$30, reflecting investor optimism. The company's success in securing orders from Qualcomm, Intel, and MediaTek, driven by its 3-nanometer process technology, has bolstered its performance. Analysts attribute the revenue growth to strong demand from AI clients, setting the stage for another robust year in 2025.
Despite surpassing revenue expectations for 2024, TSMC faces uncertainties such as power shortages and geopolitical tensions. Analysts highlight several key points for the earnings call, including the progress of the Arizona plant, capital expenditures for 2025, demand for mature processes, and the outlook for CoWoS advanced packaging capacity. These factors will shape investor expectations and influence TSMC's growth trajectory.
Investors should examine the capital expenditure details closely. TSMC plans to focus on expanding its 3-nanometer and 2-nanometer processes in 2025. This focus underscores the company's confidence in the growing demand for advanced chips. If TSMC's capital expenditure plans show proactive adjustments, it may further boost market expectations for its growth momentum.
