TSMC on Thursday reported a 35% increase in fourth-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips remained strong. The chipmaker crossed $100B in annual revenue and is sold out through 2026, with customers like Nvidia, AMD and Apple locking in capacity years ahead, lifting the entire chip supply chain. CNBC's Kristina Partsinevelos reports. Read more: cnb.cx/45a5P5t | CNBC

TSMC, the world's main producer of advanced AI chips, posted a forecast-smashing 35% jump in fourth-quarter profit to record levels, predicted robust growth this year and flagged more US manufacturing capacity was in the works https://reut.rs/4bB9rBj | Reuters