TSMC stock hits new high
TSMC stock hits new high after posting forecast-beating earnings
Taipei-listed shares in TSMC hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings and predicted a rosy outlook on strong artificial intelligence (AI) demand.
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 our TSM earnings update.
TSMC Stock Gains on Earnings Beat. There’s Nothing Wrong With AI Chips.
Taiwan Semiconductor Manufacturing stock was rising 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.
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.
US chip stocks rise as TSMC’s strong AI chip forecast boosts investor optimism
Shares of US chipmakers surged before Thursday’s market open, driven by a positive sales forecast from Taiwan Semiconductor Manufacturing Co. (TSMC). The world’s largest contract chipmaker raised its annual revenue growth expectations and highlighted that AI chips will contribute a significant portion of its full-year revenue,
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.
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.
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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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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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 ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a ...