TSMC Stock Gains on Earnings Beat. There’s Nothing Wrong With AI Chips.
Taiwan Semiconductor Manufacturing stock rose after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
What the roller-coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications.
Nvidia, Other Chip Stocks Gain After TSMC Touts 'Insane' AI Demand
Shares in Nvidia, Advanced Micro Devices, Micron and other semiconductor companies gained, after solid earnings from the world's largest contract chip maker. Taiwan Semiconductor Manufacturing reassur
Nvidia’s stock tracks toward record as TSMC sees AI chip market still booming
All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the sector.
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
TSMC Profit Beats Estimates Amid AI Chip Boom
TSMC posted a better-than-projected 54% rise in quarterly earnings. The company reported September-quarter net profit of NT$325.3 billion ($10.1 billion), versus an average estimate for NT$299.3 billion.
Apple's made-in-the-USA chips signal a turnaround for the US's big semiconductor bet
TSMC has begun producing chips for Apple at its Phoenix fab, people familiar with the matter said, in a boost for US ...
Semiconductor company in talks to receive $93 million in federal funds for new Bethlehem facility
Infinera, a San Jose-based semiconductor company with an Allentown location, is in talks to receive $93 million from the ...
Government Technology1h
Calif. Semiconductor Firm May Get Federal Expansion Funds
Infinera, the California-based company, is in discussions to land $93 million from the federal government to build new plants ...
ODD taps $27M for diamond chips to clear radioactive debris at Fukushima Daiichi Nuclear Power Plant
Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling ...
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 ...
Why Artificial Intelligence (AI) Chipmaker Taiwan Semiconductor Manufacturing Charged Higher on Thursday
The foundry giant served up convincing evidence that the artificial intelligence (AI) revolution is far from over.
Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing
Shares of Wolfspeed jumped nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much ...
TSMC to start commercial semiconductor production in Phoenix earlier than thought
TSMC will start producing semiconductors at its Phoenix plant near the start of 2025, earlier than anticipated, and the company expects good quality.
NC chipmaker Wolfspeed lands federal CHIPS Act grant to support new Siler City factory
The Durham semicondcutor company could receive up to $750 million in federal funding as it looks to improve its balance sheet ...
Money Morning2h
Three Stocks: Taiwan Semiconductor, Cameco, and Lucid Group
Taiwan Semiconductor shares are in a long-term bull market with a target price of $230. Utility and Nuclear stocks have been ...
TSMC profits surge driven by strong AI-related demand
This growth surpassed market expectations ...