3nm process shipments accounted for 26% of TSMC's total wafer sales revenue for the fourth quarter, while 5nm process shipments made up 34% of the total wafer sales revenue. Shipments from the 7nm process contributed 14% of the total wafer sales revenue for the quarter. Revenue from advanced processes (including 7nm and more advanced processes) accounted for 74% of the total wafer sales revenue for the quarter.
Looking ahead to Q1 2025, TSMC expects consolidated revenue to be between $25 billion and $25.8 billion. Gross margin is expected to be between 57% and 59%, while operating margin is projected to be between 46.5% and 48.5%. TSMC's capital expenditures for 2025 are estimated to range between $38 billion and $42 billion.