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Taiwan's TSMC says net profit rose 57% in 4th quarter
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 logs record quarterly profit, sees hefty revenue growth in early 2025
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.
Taiwan's TSMC says net profit rose 57% in fourth quarter
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence (AI) demand.
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.
TSMC Reports Strong Q4 Profit Amid Rising AI Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted a stronger-than-expected Q4 profit, fueled by robust demand for AI-driven advanced chips. Net income surged 57% to T$374.
Samsung, TSMC
Samsung Gets Rejected! TSMC Won’t Make Next-Gen Exynos Chips
Samsung was rumored to reach out to TSMC for the manufacturing of next-gen Exynos chips. But a new report claims that the brand was rejected.
US to Push TSMC, Samsung to Curb Chips Flow to China
The US plans to unveil more regulations aimed at keeping advanced chips made by a range of producers from flowing to China. Peter Elstrom reports on Television. (Source: Bloomberg)
Biden wants to block China from getting TSMC's and Samsung's advanced chips
The outgoing Biden administration is introducing even more measures focused on keeping advanced chips out of China.
1h
on MSN
TSMC’s Boss Will Skip Trump Inauguration, Unlike Other Tech CEOs
Taiwan Semiconductor Manufacturing Co.’s chief will not be attending President-elect Donald Trump’s inauguration, skipping a ...
6h
TSMC's Q4 profit rises 57% to a record, in line with forecast
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it ...
6h
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
5h
TSMC Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
1h
TSMC cuts profit target as cost of diversifying supply chain starts to bite
Taiwan Semiconductor Manufacturing Company has cut its profitability target despite roaring demand for artificial intelligence chips, as the cost burden of diversifying its supply chain starts to bite ...
2h
on MSN
TSMC sees Q1 revenue at $25B-$25.8B after strong Q4 results
TSMC posts record quarterly profit of $11.4 billion, driven by surging AI chip demand while forecasting a $25.8 billion Q1 ...
2d
Why Nvidia, Micron and TSMC stocks are sinking right now
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...
Hosted on MSN
2d
TSMC commences four-nanometre chip production in Arizona
In November 2024, the US Commerce Department finalised a $6.6bn grant for TSMC for semiconductor production in Arizona.
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