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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported stronger-than-expected revenue for the fourth quarter, showing the continued strength of global demand for artificial intelligence-related chips and easing concerns that investment in AI infrastructure may be running ahead of actual adoption.AI replaces fading consumer demandTSMC said revenue for…

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported stronger-than-expected revenue for the fourth quarter, showing the continued strength of global demand for artificial intelligence-related chips and easing concerns that investment in AI infrastructure may be running ahead of actual adoption.AI replaces fading consumer demandTSMC said revenue for…