TAIPEI — Taiwan Semiconductor Manufacturing Co. on Thursday reported a record net profit of 374.68 billion New Taiwan dollars ($11.3 billion) for the fourth quarter, up 57% on the year thanks to strong demand for AI chips, though the company faces various headwinds in 2025, including new overseas plants weighing on margins and tighter U.S. export controls.
Revenue for the quarter came to $26.88 billion.
