tsmc surges: semiconductor demand propels 33.89% revenue growth in 2024
taipei, Friday, 21 February 2025.
tsmc’s revenue skyrocketed to twd 2.89 trillion in 2024, a staggering 33.89% increase year-over-year. this growth was fueled by strong semiconductor demand. the final quarter of 2024 alone generated twd 868.46 billion, up 38.84%. this financial leap underscores tsmc’s dominance in semiconductor manufacturing. the surge highlights the critical role of semiconductors in driving global tech and tsmc’s success in meeting that demand. can tsmc maintain this trajectory amid evolving market dynamics and increasing competition?
stock performance and market valuation
Despite the impressive revenue figures, tsmc’s stock (nyse: tsm) experienced a slight dip, closing at $198.24 on february 21, 2025, down by 0.93% [1]. However, after-hours trading showed a marginal recovery, with the price nudging up to $198.42 [1]. The company’s market capitalization stands at a substantial twd 1.03 trillion, with a price-to-earnings ratio of 28.68 [2]. The stock’s 52-week range is between $124.534 and $226.400, indicating significant volatility and growth potential [2].
revenue growth analysis
tsmc’s annual revenue growth of 33.89% is a testament to its strategic positioning and operational efficiency [1]. The revenue per employee is twd 37,844,975, highlighting the company’s productivity [1]. A closer look at recent months reveals that tsmc’s september revenue reached $7.826 billion, marking a 39.6% year-over-year increase [7]. This consistent growth momentum suggests that tsmc is effectively capitalizing on the expanding semiconductor market [7].
manufacturing capacity and competition
tsmc faces increasing competition from rivals like smic, which has seen its revenue surpass that of united microelectronics corporation (umc) and globalfoundries [3]. smic’s q1 2024 revenue reached $1.75 billion, a 19.7% year-over-year increase [3]. despite this competition, tsmc remains the dominant player, with smic’s gross profit margin and net profit levels still lagging behind umc and globalfoundries [3]. tsmc’s ability to maintain its technological edge and expand manufacturing capacity will be crucial in sustaining its market leadership [GPT].
expert outlook and market dynamics
Analysts are closely watching tsmc’s ability to navigate geopolitical risks and maintain its competitive advantage [GPT]. The company’s capital expenditure and research and development investments will be key indicators of its long-term growth prospects [GPT]. Market trends, such as the demand for advanced chips in smartphones and other devices, continue to fuel tsmc’s revenue [7]. The company’s close relationship with major clients like apple, nvidia and amd further solidifies its position in the semiconductor industry [7].