Nvidia and Apple supplier TSMC shares pop 10% after quarterly profit soars on AI demand
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Shares of Taiwan Semiconductor Manufacturing Co., the world's largest producer of advanced chips, serving clients such as Apple and Nvidia,
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Taiwan's TSMC posts sharp rise in third quarter net profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for
TSMC third-quarter profit beats expectations as AI boom drives 54% hike
Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company's net income was 352.
TSMC's third-quarter profit handily beats forecasts on AI boom
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, reported on Thursday a forecast-beating 54% jump in third-quarter profit on the back of soaring demand.
TSMC Q3 earnings beat forecast with AI chip demand driving growth
Taiwan Semiconductor Manufacturing Co. (TSMC), a key supplier to Nvidia and Apple, posted a 54% increase in Q3 net profit, surpassing expectations as surging demand for artificial intelligence (AI) chips offset weakness in the mobile industry.
TSMC Q3 Earnings: Chipmaker expected to report jump in profits amid AI boom
World’s largest contract chipmaker Taiwan Semiconductor (NYSE:TSM), whose customers include tech giants like Apple (AAPL) and Nvidia (NVDA), is expected to announce its third quarter earnings on Thursday,
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
TSMC may pose a long-term threat to US: here’s why
United States is overly dependent on TSMC for chip manufacturing. Here's why that may be a problem for the US in the long run ...
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
TSMC: Shrinking Nanometers, Growing Top Line - Buy
TSMC's positive Q3 results and outlook support continued outperformance in AI and smartphones. Click here to find out my ...
Chip stocks rally as TSMC forecasts strong AI demand for ‘many years’
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks ...
Taiwan chipmaker TSMC forecasts higher-than-expected profit as AI demand grows
Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow ...
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for ...
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Taiwan semiconductor TSMC sees US$10b in net profit as AI tech grows; to open four overseas plants in US and Japan
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and ...
NVIDIA taps all-time high as TSMC says AI demand is 'real' and has legs
AI giant NVIDIA (NASDAQ:NVDA) tapped a new all-time of $140.89 in intra-day trading Thursday following solid results from contract chipmaker Taiwan Semiconductor Manufacturing (NYSE:TSM), which counts ...
Taiwan's TSMC Says Net Profit Rose 54.2% In Third Quarter
Taiwanese chip giant TSMC announced Thursday a bigger-than-expected increase in net profit for the third quarter of 2024.
Why Artificial Intelligence (AI) Chipmaker Taiwan Semiconductor Manufacturing Charged Higher on Thursday
The foundry giant served up convincing evidence that the artificial intelligence (AI) revolution is far from over.