TSMC Shares Rise 2.15% as AI Revenue Jumps 20% with Meta Chip Deal
TSMC reported 20% revenue growth and 30% EPS increase driven by robust AI chip orders, while its shares climbed 2.15% to $354.56 in the latest session. The foundry will fabricate Meta’s MTIA 300–500 chips, offering up to 4.5× HBM bandwidth and 25× compute gains for generative AI inference.
1. Strong AI-Driven Financial Performance
TSMC saw revenue rise 20% and EPS grow 30% in the latest quarter, driven by strong orders for AI chips from cloud service providers and tech giants. The surge affirms the foundry’s advanced node capabilities and capacity expansions to meet escalating AI workloads.
2. Meta Chip Fabrication Partnership
The foundry secured fabrication of Meta’s in-house MTIA 300–500 accelerator chips, poised to deliver up to 4.5× HBM bandwidth and 25× compute improvements for inference tasks. Deployment across data centers begins with MTIA 300, followed by successive six-month releases through 2027.
3. Recent Stock Movement
TSMC’s shares climbed 2.15% to $354.56 in the last session, signaling market confidence in its AI growth trajectory and key fabrication wins. The move outperformed the broader semiconductor sector’s modest declines and highlights investor appetite for AI playmakers.