Taiwan Semiconductor Manufacturing Company (TSMC) has announced a remarkable fourth-quarter performance, with net profits surging by 57% due to robust demand for AI chips. The company exceeded market expectations, logging record quarterly profits and boosting its revenue outlook for early 2025. Despite geopolitical concerns, TSMC remains optimistic about long-term growth driven by artificial intelligence investments. The chipmaker anticipates a continuation of its strong performance, with plans for significant capital expenditures aimed at expanding AI production capacity.