TSMC is on a roll as it just reported fourth-quarter revenue up 37% year-over-year to $26.88 billion. What TSMC calls "smartphone seasonality" will lead to a sequential decline in its top line for Q1 2025 although on an annual basis, first quarter gross will rise 34.7%.

You've got to spend money – like $36 billion+ – to make, er, AI chips TSMC is bumping capital expenditure in 2025 to between $38 billion and $42 billion in anticipation of scooping up more chip manufacturing contracts in the field of AI processors.

TSMC is drastically increasing its expenditures to get its cutting-edge 1.6nm chips into 'volume production' by 2026, with big revenue increases expected.