Gross Profit Comparison: Taiwan Semiconductor Manufacturing Company Limited and ServiceNow, Inc. Trends

TSMC vs. ServiceNow: A Decade of Profit Growth

__timestampServiceNow, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014433787000377722000000
Thursday, January 1, 2015676067000410394900000
Friday, January 1, 2016991831000474832100000
Sunday, January 1, 20171433254000494826400000
Monday, January 1, 20181986158000497874300000
Tuesday, January 1, 20192663792000492701900000
Wednesday, January 1, 20203532371000711130100000
Friday, January 1, 20214543000000819537300000
Saturday, January 1, 202256720000001348354800000
Sunday, January 1, 202370500000001175111000000
Monday, January 1, 202486970000001624354000000
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Cracking the code

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of global technology, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and ServiceNow, Inc. stand as titans in their respective fields. Over the past decade, TSMC has consistently demonstrated its dominance, with gross profits soaring by approximately 330% from 2014 to 2024. This remarkable growth underscores TSMC's pivotal role in the semiconductor industry, driven by increasing demand for advanced chips.

Conversely, ServiceNow, a leader in cloud-based digital workflows, has experienced a staggering 1,900% increase in gross profit over the same period. This growth reflects the burgeoning demand for digital transformation solutions across industries. By 2024, ServiceNow's gross profit is projected to reach nearly $8.7 billion, a testament to its strategic expansion and innovation.

These trends highlight the dynamic nature of the tech industry, where innovation and strategic foresight are key to sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025