The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.
World shares are higher after China's central bank released plans for supporting stock markets through share repurchases.
Taiwan Semiconductor Manufacturing Company (TSMC) shares hit a new record high after exceeding quarterly projections. The firm also increased its revenue growth forecast for 2024. The blowout earnings ...
U.S. stocks drifted around their record heights Thursday following the latest signals that the U.S. economy continues to hum. The S&P 500 finished virtually unchanged after flirting with its all-time ...
TSMC's high-performance computing segment, which includes AI chips, made up 51% of overall revenue in the third quarter. The company expects its revenue from AI-related servers and processors to ...
Taipei-listed shares in TSMC hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings ...
Another homebuilder has plans to acquire a massive tract of land to build a new community of homes near Taiwan Semiconductor ...
The world’s largest contract chipmaker generated a net profit of 325.3 billion New Taiwan dollars, or $10.1 billion, in the ...
TSMC indicated a very strong demand for server AI processors, which is anticipated to account for 15% of total revenue in ...
The S&P 500 finished virtually unchanged after flirting with its all-time high for much of the day. The Dow Jones Industrial Average added 161 points, or 0.4%, to its own record set the day before, ...
Taiwan Semiconductor Manufacturing Chief Executive C.C. Wei said revenue from AI-related servers and processors was expected to triple this year. TSMC's optimistic take on AI revenue prospects quelled ...