TSMC $TSM (+1,43%) is at it again and has published its business figures for the fourth quarter of 2024 and once again exceeded expectations. I and my portfolio are pleased. 🚀
Key business figures:
Net profit: Increase of 57% to NT$374.68 billion (approx. US$11.38 billion)
Turnover: Increase of 34% to NT$868.5 billion (approx. US$26 billion)
Annual turnover 2024: NT$ 2.9 trillion
Share price development 2024: Increase of 89%
As always, this success is attributed to the boom in the field of artificial intelligence, which has increased demand for advanced chips.
I was lucky with my first transaction on 16.12.2022 and the subsequent savings plan. 😂
