TSMC, AI
TSMC Stock Surges After CEO Says AI Chip Demand Is Booming. It’s Good News for Nvidia.
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
The latest bump in the AI road was a downbeat earnings report from ASML that sent its shares tumbling.But ASML's biggest customer, the Taiwanese chipmaker TSMC, posted blockbuster results Thursday.Analysts told BI it pointed to continued AI-chip growth in the short to medium term.
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted robust quarterly earnings and projected a buoyant outlook on the back of the artificial intelligence (AI) boom.
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
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.
Chip stocks rally as TSMC forecasts strong AI demand for 'many years'
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand
Chip stocks rose on Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm.
TSMC stock hits new high after forecast-beating earnings
The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for strong artificial intelligence (AI) demand.
Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec
US chip stocks rally buoyed by TSMC’s strong sales forecast
On October 17, an increasing trend was seen in US chip stocks. This happened after TSMC released a sales forecast which gained investors’ attention about the demand for processors. These in-demand processors are used to power AI applications.
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
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TSMC Shares Soar Amid AI Demand Surge and U.S. Investigation
TSMC's shares reached an all-time high following impressive third-quarter earnings driven by AI demand. Despite political ...
TSMC stock is soaring and its AI-driven boom has 'no end in sight,' analysts say
Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third ...
TSMC shares surge after 54% annual jump in net profit, strong guidance
CNBC's Seema Mody reports on the latest news from Taiwan Semiconductors.
devdiscourse2h
TSMC Shares Soar Amid AI Boom and U.S. Investigation
Shares of TSMC reached a record high following impressive quarterly earnings and demand for AI chips. Despite the financial ...