TSMC fourth-quarter profit beats expectations on strong AI chip …
Jan 16, 2025 · 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 logs record quarterly profit, sees hefty revenue growth in …
Jan 15, 2025 · The AI boom has helped drive up the price of shares in TSMC, Asia's most valuable company, with its Taipei-listed stock soaring 81% last year, compared with a 28.5% gain for the broader market ...
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI …
Jan 16, 2025 · HONG KONG (AP) — Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.7 billion new Taiwan dollars ($11.4 billion), higher than expected.
TSMC Expects Continued AI-Driven Growth After Ending 2024 …
Jan 16, 2025 · Taiwan Semiconductor Manufacturing Co. reported another record quarter on AI-driven demand for chips and said it expects continued growth even as it navigates the U.S.-China technology...
TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending
Jan 16, 2025 · Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, fueling hopes that spending on AI hardware should remain resilient in 2025.
TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending
Jan 16, 2025 · TSMC’s strong performance buoyed optimism around an unprecedented AI spending cycle that drove the likes of Nvidia to new heights. The advent of ChatGPT spurred a frenzied datacenter build-out...
TSMC Fourth-Quarter Profit Seen Jumping 58% on Strong AI ... - U.S. News
Jan 13, 2025 · The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock soaring 81% last year, compared with a 28.5% gain for the broader market. ($1 ...
TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …
Oct 17, 2024 · New York-listed shares of TSMC shot up 12% to an all-time high of $209 after the company comfortably beat consensus analyst forecasts for third-quarter profit and sales, sending its market value...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
Oct 16, 2024 · TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips...
TSMC Gains $42 Billion to Pass Visa as Investors Bet on AI Boom
Feb 15, 2024 · Taiwan Semiconductor Manufacturing Co. gained about $42 billion of market value after investors bet the chipmaker to Nvidia Corp. and Apple Inc. will become one of the biggest winners of an AI...