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Taiwan Semiconductor Manufacturing shares eye record high
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. The post Why Artificial Intelligence (AI) chipmaker Taiwan Semiconductor Manufacturing charged higher on Thursday appeared first on The Motley Fool Australia.
Taiwan Semiconductor Manufacturing shares eye record high on technical breakout
Julian Emanuel and colleagues at Evercore ISI put out a note ahead of Taiwan Semiconductor Manufacturing's results in which they noted that after the poorly-received update from ASML the report from TSM "becomes the main event of the global earnings season".
Taiwan Semi Beats on Earnings. AI Chip Demand Is Even Stronger.
It's the main producer of chips designed by Nvidia, which leads the market for semiconductors used for AI applications.
Taiwan's TSMC posts sharp rise in 3rd quarter net profit
Taiwan chipmaker TSMC forecasts higher-than-expected profit as AI demand grows
Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow by nearly 30%, as demand for the chips used to power artificial intelligence soars.
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Taiwan's TSMC posts sharp rise in third quarter net profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for
17h
on MSN
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.
3h
TSMC shares jump on expectation-topping third-quarter results
The world’s largest contract chipmaker generated a net profit of 325.3 billion New Taiwan dollars, or $10.1 billion, in the ...
4h
TSMC Q3: Strong Growth In Server AI Processor Market
TSMC indicated a very strong demand for server AI processors, which is anticipated to account for 15% of total revenue in ...
10h
on MSN
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
5h
Leading chip maker TSMC reports surging demand, plans for global expansion
Longer-term, TSMC is pursuing a rapid international expansion. It’s planning more plants in Europe with a focus on the market ...
Sun City West Independent
3h
TSMC plans to begin production ahead of schedule
Taiwan Semiconductor Manufacturing Co. announced it expects it to begin volume production in the beginning of 2025. The ...
10h
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for ...
6h
on MSN
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 ...
10h
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 ...
15h
on MSN
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 ...
Sun City West Independent
3h
PulteGroup plans to acquire north Phoenix land near TSMC
Another homebuilder has plans to acquire a massive tract of land to build a new community of homes near Taiwan Semiconductor ...
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