TSMC 2025 earnings call

TSMC used its earnings call for the fourth quarter of 2025 to deliver one of its most bullish outlooks in years, arguing that artificial intelligence (AI) is reshaping the semiconductor industry's growth trajectory rather than inflating a short-lived bubb

TSMC closed 2025 with a fourth quarter that again exceeded its own guidance, reporting revenue of US$33.7 billion and a gross margin of 62.3%. The results underscored the company's execution strength at advanced nodes, but management spent little time dwelling on the past. Instead, the discussion quickly shifted to the sustainability of AI demand and the scale of investment required to support it.

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IN THE NEWS

Friday 16 January 2026

Commentary: TSMC's unstoppable momentum faces one wild card

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Friday 16 January 2026

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Friday 16 January 2026

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Friday 16 January 2026

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Friday 16 January 2026

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Thursday 15 January 2026

In depth: Why TSMC believes AI demand justifies record capex and long-term risk

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Thursday 15 January 2026

TSMC forecasts nearly 30% revenue growth in 2026 as AI drives strong margins and capex surge

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Thursday 15 January 2026

TSMC retains pricing power using Apple and AI dual structure

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Thursday 15 January 2026

TSMC's 4Q25 revenue surges 20.5% on advanced process demand

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Wednesday 14 January 2026

TSMC turns Arizona gamble into goldmine as suppliers ride 10-year wave

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Wednesday 14 January 2026

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