Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.

U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.

Taiwan Semiconductor (TSM) has reported its Q4 2024 earnings results which saw the company deliver high revenue and profits. On January 16, 2025, Taiwan Semiconductor (TSM) reported its further quarter earnings results which showed an increased to net income and diluted EPS of 57 percent while revenue for the quarter increased 38.8 percent.