Taiwan Semiconductor Manufacturing
TSMQ1 2024(TSM Q4 FY2023)Derived6.5% AI
AI Revenue %
6.5%
AI Fair Value
$101.0B
AI Revenue (Q)
$61.9B
Total Revenue (Q)
$952.3B
Analysis
Q4 2023 (Oct-Dec): HPC = 43% of NT$625.5B revenue (per TSMC Q4 2023 management report). H100 demand exceeding supply. Google TPU v5 also in production at TSMC. AI share of HPC ~15.1%. Full year 2023 AI ≈ 4.9% — backward-solving: if FY2024 AI tripled to ~13%, then FY2023 was ~4.3-4.5%. Q4 was above average. Math: 0.151 * 43% ≈ 6.5%.
Analyzed by claude-opus-4-6
Confidence Tier
DerivedCalculated from reported segments primarily serving AI