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 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 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.
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
U.S. Chip Stocks Rise in Premarket After TSMC Points to Strong AI Demand
Major U.S. semiconductor stocks were rising in Thursday's premarket after Taiwan Semiconductor Manufacturing Co. forecast robust sales growth this year on strong artificial-intelligence demand. Nvidia shares were up 2.
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. The world's largest contract chipmaker,
TSMC is the 'only game in town' for AI chips: Analyst
Myron Xie of SemiAnalysis shares his bullish view on TSMC, after the AI chipmaker posted record Q4 profits. Here's how Chiefs ...
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’s Strategic Expansion and Robust AI Growth Drive Buy Rating
Needham analyst Charles Shi has maintained their bullish stance on TSM stock, giving a Buy rating on January 8.Stay Ahead of the ...
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 ...
TSMC shares jump 5% after Nvidia supplier posts record profits
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
Impacts2h
TSMC Net Profit Hits High Record
Taiwan Semiconductor Manufacturing Company’s fourth-quarter sales and profit exceeded forecasts as the demand for cutting-edge semiconductors used in artificial intelligence applications continues to ...
TSMC’s Strong Outlook Quashes AI Spending Fears
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
Nvidia Just Made a Huge AI Chip Shift--And It Could Shake Up the Entire Industry
Nvidia ( NASDAQ:NVDA) is making a major shift in its AI chip packaging strategy, transitioning from CoWoS-S to CoWoS-L as it ...