Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced its highest-ever sales for the month of February, notwithstanding a reduced number of working days due to the Lunar New Year holiday. Despite the holiday leading to lower sales compared to recent months, the company reported significant year-on-year growth.

According to Focus Taiwan, TSMC’s consolidated sales in February reached NT$260.01 billion (US$7.90 billion), marking a 43.1 percent increase from the previous year. However, this figure represents an 11.3 percent decline from the preceding month. The February sales total was the lowest observed since September 2024, when sales amounted to NT$251.87 billion.

Market analysts have attributed the year-on-year growth in February to strong demand for emerging technologies, particularly artificial intelligence applications. In the first two months of 2025, TSMC’s consolidated sales rose 39.2 percent from the same period the previous year, totaling approximately NT$553.30 billion.

In its mid-January guidance for the first quarter, TSMC had projected revenue between US$25.0 billion and US$25.8 billion, with the mid-range figure expected to be 5.5 percent lower than the previous quarter’s sales. Based on an exchange rate of NT$32.8 used for the forecast, the projected consolidated sales for the quarter in Taiwan dollar terms ranged from NT$820 billion to NT$846.24 billion.

Despite a temporary suspension of operations in some of its chipmaking facilities in central and southern Taiwan due to a magnitude 6.4 earthquake on January 20, TSMC reported January sales of NT$293.29 billion. The company announced a loss of NT$5.3 billion due to the production suspension but maintained its first-quarter guidance.

Analysts suggest that TSMC could still achieve its first-quarter sales goal if revenue reaches NT$266.7 billion or higher in March. For the entirety of 2025, TSMC has forecast sales growth of 24-26 percent over 2024 in U.S. dollar terms.