Taiwan Semiconductor Manufacturing Co (TSM) said early Friday that revenue jumped to about 278.16 billion Taiwanese dollars ($8.46 billion) in December from 276.06 billion Taiwanese dollars a month earlier.
The increase represents a gain of 0.8% month-over-month and a surge of almost 58% from a year ago.
Revenue for January through December last year totaled 2.894 trillion Taiwanese dollars, soaring nearly 34% from the same period in 2023. Analysts polled by Factset expected 2.880 trillion Taiwanese dollars.
The analysts' outlook for 2025 is almost 3.657 trillion Taiwanese dollars.
Shares of Taiwan Semiconductor were up 1.4% in premarket activity Friday.
Nvidia (NVDA) and NXP Semiconductors (NXPI) are among the company's top customers, according to data compiled by Factset.
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