Apple's chip partner TSMC revenue driven to new heights by iPhone & AI

TSMC has reported a higher than predicted Q4 revenue increase, chiefly because of demand for AI processors such as those in the iPhone.
A worker passing a TSMC sign
Two years after TSMC had a dramatic drop in revenue, its latest report says that AI demand has proven to be a huge boost. According to Reuters the company saw a 20.45% year over year increase in fourth-quarter revenue.TSMC will not publish its full earnings report until January 15, 2025, when it is also to provide guidance for both t