Good afternoon, everyone, and welcome to TSMC’s Fourth Quarter 2024 Earnings Conference and Conference Call. This is Jeff Su, TSMC’s Director of Investor Relations […]

Taiwan Semiconductor stock is higher Thursday after the chip manufacturer beat expectations for its fourth quarter and issued a strong outlook. Here's what you need to know.

Taiwan Semiconductor Manufacturing (NYSE: TSM) Q4 2024 Earnings Call Jan 16, 2025, 1:00 a.m. ET

Despite the comment above, TSMC still issued much better guidance than expected for the first quarter. It forecasts revenue of $25 billion to $25.8 billion, which would be a sequential decline, but was well ahead of analysts' consensus estimate of $23.9 billion. It also expects operating margin to remain strong, in the 46.5% to 48.5% range.

In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO),