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ai, TSMC and Taiwan
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.
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.Net revenue for the fourth quarter rose 38.
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 net profit hits record high as fourth-quarter results top expectations 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 profits surge 57% as demand for AI chips remains high
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" for its advanced chips.
1h
Why Taiwan Semiconductor Stock Was Climbing Today
Despite the comment above, TSMC still issued much better guidance than expected for the first quarter. It forecasts revenue ...
5h
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday on strong demand for its ...
6h
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Taiwan Semiconductor Manufacturing has outperformed 2024 expectations by wide margins. Check out 3 reasons to buy TSM stock.
Stars and Stripes
3h
TSMC drives record Taiwan investment into US, Japan in China decoupling
Taiwan’s companies invested a record amount of money in the US and Japan last year while the figure for China stagnated — ...
4h
on MSN
TSMC Stock Jumps. Why the Nvidia Supplier’s Earnings Are Boosting Chip Shares.
Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.
5h
TSMC Outperforms with 57% EPS Growth
Taiwan Semiconductor Manufacturing reported strong earnings in the fourth quarter of 2024, surpassing both analyst and ...
9h
on MSN
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest ...
Hosted on MSN
2h
TSMC has begun chip production in Arizona, company confirms
The Taiwan Semiconductor Manufacturing Co. is officially producing advanced manufacturing chips in Phoenix, the company ...
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