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.

Live Updates Make sure to refresh this page periodically for updates. S&P 500 Winners 11:13 am What stocks are leading the S&P 500 today? The top gainer is Lam Research, followed by KLA, and then Applied Materials.

In this video, I will go over Taiwan Semiconductor's (NYSE: TSM) recent earnings report and commentary from management. Watch the short video to learn more, consider subscribing, and click the special offer link below.

Taiwan Semiconductor's (TSM) record profits boosted chip suppliers ASML (ASML), Broadcom (AVGO), and Lam Research ​(LRCX)