📈 The Rise of TSMC: Dominating the Semiconductor Foundry Market

The Rise of TSMC: Dominating the Semiconductor Foundry Market

• 2024 Performance: By the end of the third quarter in 2024, TSMC reported a net revenue of $63.2 billion and a net income of $24.9 billion, showcasing year-over-year growth rates of 31.9% and 33.1%, respectively. 

• LTM Q3 2024: Over the last twelve months ending in Q3 2024, TSMC achieved revenues of $82.8 billion with a net income reaching $32.7 billion, underscoring its robust financial health and market position.

• Historical Growth: From 1995 through to Q3 2024, TSMC has sustained an impressive compound annual growth rate (CAGR) of 16% in revenue and 15% in net income, highlighting its long-term growth trajectory in the semiconductor industry.