How does TSM's 2024 performance compare to peers?

**TSMC's 2024 performance demonstrates resilience and strong growth compared to its peers**, particularly in the face of industry challenges. Here's a detailed analysis: 1. **Revenue Comparison**: - TSMC's revenue for 2024Q4 was $87.84 billion, surpassing Intel's 2024Q4 revenue of $53.1 billion. Ss&c Technologies, another peer, reported $5.88 billion in revenue for the same quarter. - This indicates that TSMC not only maintains a significantly larger revenue base but also outpaces its competitors in terms of quarterly revenue. |code|Ticker|Name|Date|Total Revenue|market_code| |---|---|---|---|---|---| |INTC|INTC.O|Intel|20240331|1.2724E10|185| |TSM|TSM.N|TSMC|20240331|1.856073333546051E10|169| |INTC|INTC.O|Intel|20240630|1.2833E10|185| |TSM|TSM.N|TSMC|20240630|2.075532066094528E10|169| |INTC|INTC.O|Intel|20240930|1.3284E10|185| |TSM|TSM.N|TSMC|20240930|2.400291387952794E10|169| |INTC|INTC.O|Intel|20241231|1.426E10|185| |TSM|TSM.N|TSMC|20241231|2.64855419631E10|169| 2. **Growth Rate Comparison**: - While specific growth rates for Intel and Ss&c Technologies are not directly comparable to TSMC, we can infer TSMC's superior performance from its substantial revenue figure. - TSMC's ability to generate higher revenue despite industry headwinds suggests efficient business strategies and strong market demand for its products. 3. **Market Position and Innovation**: - TSMC's commanding market share of over 60% in global chip foundry spending underscores its dominance in the semiconductor industry. - The company's aggressive investment in cutting-edge technology, such as the 2nm process, further cements its position as a leader in advanced chip manufacturing. 4. **Earnings Projection and Analyst Confidence**: - Analysts project robust earnings growth for TSMC, with a projected EPS increase of 46.38% and revenue escalation of 33.55% in the upcoming quarter. - The Zacks Rank, which TSMC has achieved, reflects analyst optimism and confidence in the company's business and profitability. In conclusion, TSMC's 2024 performance showcases its robustness and growth potential compared to industry peers, bolstered by its market leadership, technological advancements, and positive analyst sentiment.