“Almost all the AI innovators are working with TSMC to address the insatiable AI-related demand for energy efficient computing power — we estimate the revenue contribution from server AI processors to more than double this year [2024].”

C.C. WeiCEO

CEO, TSMC

TSMC exceeded the forecast: by the October 2024 call it had raised the outlook to 'more than triple,' and AI accelerator revenue ended 2024 at close to mid-teens percent of total revenue, up from roughly 6% in 2023.