TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
TSMC profits surge 57% as demand for AI chips remains high
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" for its advanced chips.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
TSMC Q4 profit leaps to record on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.
Taiwanese Chipmaker TSMC Posts 57% Surge in Profit Thanks to the AI Boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
TSMC Stock Jumps. Why the Nvidia Supplier’s Earnings Are Boosting Chip Shares.
Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.
TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday on strong demand for its ...
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest ...
TSMC Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
AI watch: As his presidency winds down, Joe Biden aims to preserve the US lead over China
President Joe Biden’s final days in office were all about cementing the United States’ well established lead over China in ...
Chip stocks lead S&P 500 gainers after upbeat AI talk from TSMC
Semiconductor stocks are the biggest S&P 500 gainers in Thursday trading, fueled by upbeat commentary from Taiwan Semiconductor Manufacturing Co. on the state of the artificial-intelligence market.
TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending
Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, ...