Despite the comment above, TSMC still issued much better guidance than expected for the first quarter. It forecasts revenue of $25 billion to $25.8 billion, which would be a sequential decline, but was well ahead of analysts' consensus estimate of $23.9 billion. It also expects operating margin to remain strong, in the 46.5% to 48.5% range.

Taiwan Semiconductor stock is higher Thursday after the chip manufacturer beat expectations for its fourth quarter and issued a strong outlook. Here's what you need to know.

Oppenheimer analysts have spotlighted four semiconductor stocks as top picks for 2025, citing their strong alignment with the rapidly expanding AI sector. They anticipate sustained growth fueled by AI-driven demand,