TSMC Q4 earnings beat forecasts on AI demand — the numbers driving TSM stock
TSMC posted a record Q4 profit of T$505.74 billion, up 35% year-on-year, as revenue climbed to T$1.046 trillion on strong demand for 3nm and 5nm chips. Gross margin rose to 62.3%. Trump’s tariff threats and TSMC’s U.S. expansion plans have cast uncertainty over the 2026 outlook. Shares are up 53% over the past year.