Chip stocks rally as TSMC forecasts strong AI demand for 'many …
1 hour ago · The optimism over AI demand in Taiwan Semiconductor Manufacturing Company's (TSM) blowout third quarter earnings boosted chip stocks Thursday. TSMC posted a quarterly profit of $325.3 billion New ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
19 hours ago · TSMC, Asia's most valuable publicly listed company, said third-quarter revenue rose 36% year-on-year to $23.5 billion, better than the company's previous forecast of $22.4 billion to $23.2 billion ...
Nvidia supplier leads chip rally despite geopolitical fears
1 hour ago · Another impressive round of earnings results from Taiwan Semiconductor Manufacturing Company sparked a broad chip stock rally Thursday morning. TSMC’s U.S. listed shares jumped more than 12% ...
Taiwan chipmaker TSMC forecasts higher-than-expected profit as …
5 hours ago · The News. Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow by nearly 30%, as demand for the chips used to power ...
TSMC set to report strong profit driven by AI boom | Reuters
19 hours ago · TSMC is set to report a net profit of T$300.1 billion ($9.33 billion) for the quarter ended Sept. 30, according to an LSEG SmartEstimate drawn from 23 analysts. SmartEstimates give greater ...
TSMC’s Profit Beats Estimates During an AI Chip Boom
11 hours ago · Taiwan Semiconductor Manufacturing Co. posted a better-than-projected 54% rise in quarterly earnings after strong sales of Nvidia Corp. AI chips offset a sagging mobile industry.
Taiwan's TSMC Posts Sharp Rise In Third Quarter Net Profit
17 hours ago · TSMC -- which is listed in Taipei and New York -- said net profit in the three months to September hit NT$325.26 billion (US$10.1 billion), up 54.2 percent from the same period last year. Revenues ...
TSMC Reports Third Quarter EPS of NT$12.54
17 hours ago · HSINCHU, Taiwan, R.O.C., Oct. 17, 2024 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$759.69 billion, net income of NT$325.26 billion, and diluted earnings per share of NT$12.54 (US$1.94 per ADR unit) for the third quarter ended September 30, 2024. Year-over-year, third quarter revenue increased 39.0% while net income and diluted EPS both increased 54.2%.
Morning Bid: TSMC Steadies Chip Ship, ECB Set to Ease - U.S. News
7 hours ago · TSMC is spending billions of dollars building new factories overseas, including $65 billion on three plants in the U.S. state of Arizona, although it has said most manufacturing will remain in Taiwan.
TSMC makes chips for Apple at Arizona fab - Quartz
1 day ago · Taiwan Semiconductor Manufacturing Company founder Morris Chang, left, and Apple CEO Tim Cook, right, at the TSMC facility under construction in Phoenix, Arizona, on December 6, 2022. Taiwan ...