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AI, TSMC
AI Boom Powers TSMC to 54% Profit Leap
Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the world’s largest contract chipmaker, reported a remarkable 54% increase in net profit for the third quarter of 2024, driven by soaring
TSMC set to report strong profit driven by AI boom
Taiwan Semiconductor Manufacturing Co , the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42% leap in third-quarter profit on Thursday thanks to soaring demand.
TSMC bullish on outlook as AI boom drives Q3 profit past forecasts
The AI boom has helped drive up TSMC shares, with its Taipei-listed stock leaping 75 per cent so far this year, compared with a 28 per cent gain for the broader market, giving the company a market capitalisation of around $840 billion.
7h
on MSN
TSMC set to produce first chips from new Arizona plant at start of 2025
TSMC is building three new facilities in Arizona in order to protect its business against mounting tensions between China and ...
Taiwan News
10d
Taiwan's TSMC continues to expand domestic, international operations
TSMC is currently building fabs at three locations in Hsinchu, Taichung, and Kaohsiung to produce the next generation of 2 nm ...
Hosted on MSN
2d
TSMC could build more fabs in Europe - Chairman of Taiwan's National Science Council
Head of Taiwan's National Science Council says TSMC is planning additional fabs in Europe. TSMC denies that such a decision ...
The Register on MSN
5h
TSMC revenue up 36% as world+dog demands AI and smartphone chips
Taiwan's semiconductor giant TSMC has reported a good third quarter with revenue up 36 percent over a year ago, due to strong ...
7h
on MSN
Morning Bid: TSMC Steadies Chip Ship, ECB Set to Ease
TSMC, the dominant producer of advanced chips used in AI applications and whose customers include Apple and Nvidia, has ...
1h
on MSN
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 ...
7h
on MSN
TSMC CEO says AI is not in a bubble and its growth is for real
Perhaps this can be explained away as talking his book, but the chief executive of contract microchip manufacturer Taiwan ...
4h
Dow Jones Today: Stock Futures Advance as TSMC Earnings Fuel Chip Stock Rebound
U.S. stock futures rose in premarket trading on Thursday as solid quarterly results from the world's largest contract ...
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