Shares of TSMC climbed to a record high in Taipei trading on Friday after the world’s largest contract chipmaker delivered strong fourth-quarter results and reaffirmed solid demand from the artificial intelligence sector.
TSMC (TW:2330) advanced as much as 3% to an all-time peak of T$1,740.0, building on a 4.4% surge in its U.S.-listed shares overnight.
The company reported a better-than-expected and record-setting profit for the fourth quarter, driven by continued, outsized demand for its advanced chips used in AI applications. The results underscored TSMC’s dominant position in supplying cutting-edge semiconductors to fast-growing technology segments.
Chief Executive C.C. Wei indicated that the AI-driven growth trend remains intact, noting that while costs are expected to rise in 2026, the company still anticipates earnings to keep expanding.
TSMC is a critical supplier to major U.S. technology firms, including Nvidia and Apple, and has benefited significantly from the surge in AI-related chip demand over the past two years.
