6-K 1 tsm-revenue20250210.htm 6-K Document

1934 Act Registration No. 1-14700
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
_____________________________
FORM 6-K
_____________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2025
(Commission File Number: 001-14700)
_____________________________
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant’s Name Into English)
_____________________________
No. 8, Li-Hsin Rd. 6,
Hsinchu Science Park,
Taiwan, R.O.C.
(Address of Principal Executive Offices)
_____________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F  x            Form 40-F  o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1):o
Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7):o



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Taiwan Semiconductor Manufacturing Company Ltd.
Date:  February 10, 2025By   /s/ Wendell Huang
  Wendell Huang
   Senior Vice President and Chief Financial Officer



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TSMC January 2025 Revenue Report and the Statement on the Impact of Earthquake

HSINCHU, Taiwan, R.O.C. – Feb. 10, 2025 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for January 2025: On a consolidated basis, revenue for January 2025 was approximately NT$293.29 billion, an increase of 5.4 percent from December 2024 and an increase of 35.9 percent from January 2024.

On Jan. 21, Taiwan experienced a 6.4 magnitude earthquake on the Richter scale, followed by several significant aftershocks throughout the Lunar New Year holiday. There was no structural damage to our fabs, and the water supply, power, workplace safety systems, and operations are functioning normally. A certain number of wafers in process were impacted and had to be scrapped due to the earthquake and aftershocks. As a result, the revenue forecast for the first quarter of 2025 is now anticipated to be closer to the lower end of the guidance range of US$25 billion and US$25.8 billion. Based on a preliminary assessment, the Company estimated related earthquake losses to be approximately NT$5.3 billion, net of insurance claim, and will recognize it in the first quarter of 2025. Despite this, the Company maintains first quarter gross profit margin to be between 57% and 59% and operating profit margin is expected to be between 46.5% and 48.5%. The Company is making every effort to recover the lost production, and there is no change to our full-year outlook.

TSMC January Revenue Report (Consolidated):
(Unit:NT$ million)
PeriodJanuary 2025December 2024
M-o-M
Increase
(Decrease)
%
January 2024
Y-o-Y
Increase
(Decrease)
%

Net Revenue

293,288278,1635.4215,78535.9
TSMC Spokesperson:Media Contacts
Wendell Huang
Senior Vice President and CFO
Tel: 886-3-505-5901
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.7125036
Mobile: 886-988-239-163
E-Mail: nina_kao@tsmc.com
Ulric Kelly
Public Relations
Tel: 886-3-563-6688 ext.7126541
Mobile: 886-978-111-503
E-Mail: ukelly@tsmc.com



Taiwan Semiconductor Manufacturing Company Limited
This is to report the changes or status of 1) revenue, 2) funds lent to other parties, 3) endorsements and guarantees, and 4) financial derivative transactions for January 2025 (“Current Month”).
Note: “Outstanding” herein means the outstanding balance at the end of Current Month; and “Cumulative” herein represents the accumulated amounts from the beginning of this year till the end of Current Month.
1. Revenue (in NT$ thousands)
PeriodItems20252024
January
Net Revenue
293,288,038 215,785,127 
2. Funds lent to other parties (in NT$ thousands)
Lending CompanyLimit of lendingAmount approved by the Board of DirectorsOutstanding amount
TSMC China*
108,298,546 37,301,250 22,575,000 
TSMC Development**
35,042,552 1,963,500 981,750 
* The borrower is TSMC Nanjing, a wholly-owned subsidiary of TSMC.
** The borrower is TSMC Washington, a wholly-owned subsidiary of TSMC.
3. Endorsements and guarantees (in NT$ thousands)
GuarantorLimit of guaranteeAmount approved by the Board of DirectorsOutstanding amount
TSMC*1,596,007,661 2,723,155 2,723,155 
TSMC**245,437,500 245,437,500 
TSMC***469,413,211 311,842,336 
TSMC Japan Ltd.****345,125 277,200 277,200 
* The guarantee was provided to TSMC North America, a wholly-owned subsidiary of TSMC.
** The guarantee was provided to TSMC Global, a wholly-owned subsidiary of TSMC.
*** The guarantee was provided to TSMC Arizona, a wholly-owned subsidiary of TSMC.
**** The guarantee was provided to TSMC Design Technology Japan, a wholly-owned subsidiary of TSMC.




4. Financial derivative transactions (in NT$ thousands)
(1)Derivatives not applying hedge accounting.
‧TSMC
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
168,736,005 
Mark to Market of Outstanding Contracts
507,478 
Cumulative Unrealized Profit/Loss
933,414 
Expired Contracts
Cumulative Notional Amount
52,198,097 
Cumulative Realized Profit/Loss
(442,979)
Equity price linked product (Y/N)
N
‧TSMC China
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
164,625 
Mark to Market of Outstanding Contracts
537 
Cumulative Unrealized Profit/Loss
555 
Expired Contracts
Cumulative Notional Amount
176,009 
Cumulative Realized Profit/Loss
121 
Equity price linked product (Y/N)
N
‧TSMC Nanjing
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
691,425 
Mark to Market of Outstanding Contracts
2,407 
Cumulative Unrealized Profit/Loss
2,579 
Expired Contracts
Cumulative Notional Amount
719,772 
Cumulative Realized Profit/Loss
198 
Equity price linked product (Y/N)
N




‧Japan Advanced Semiconductor Mfg., Inc.
Forward
Margin Payment
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
9,166,921 
Mark to Market of Outstanding Contracts
41,765 
Cumulative Unrealized Profit/Loss
(145,325)
Expired Contracts
Cumulative Notional Amount
10,742,921 
Cumulative Realized Profit/Loss
75,786 
Equity price linked product (Y/N)
N
(2)Derivatives applying hedge accounting.
‧TSMC Global
Future
Margin Payment
(40,743)
Premium Income (Expense)
Existing Contracts
Outstanding Notional Amount
1,983,135 
Mark to Market of Outstanding Contracts
1,295 
Cumulative Unrealized Profit/Loss
(9,688)
Expired Contracts
Cumulative Notional Amount
1,289,365 
Cumulative Realized Profit/Loss
7,600 
Equity price linked product (Y/N)
N