TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
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.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
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 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.
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
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 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.
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.
Apple’s best chips won’t be US-manufactured per TSMC, here’s why
Apple is expanding its US-made chip roster, but according to TSMC’s CEO, the most modern chips will continue being ...
TSMC chip production in Phoenix ahead of schedule as company posts $11.5B profit
Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter ...
TSMC CEO is optimistic about Arizona chip quality despite challenges, most advance tech will remain in Taiwan
Speaking at a National Taiwan University event, Wei outlined a series of obstacles that have slowed progress and increased costs for TSMC's U.S. expansion. These challenges ...
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TSMC shares soar; company updates Phoenix chip production
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TSMC's Arizona plant starts making a second Apple chip
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US blacklists Chinese companies over TSMC chips in Huawei processor
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EUA vão exigir que TSMC e Samsung limitem envio de chips à China
Os EUA planejam anunciar mais regulamentações com o objetivo de impedir que chips avançados produzidos pela Taiwan ...
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 ...