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TSMC Reports Strong Profit Growth Fueled by AI Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a significant third-quarter profit increase, driven by the surge in demand for artificial intelligence (AI) applications. Analysts project TSMC’s net profit will jump 42% to T$300.

BBC · 14h

TSMC profits surge driven by strong AI-related demand

This growth surpassed market expectations

The Financial Times on MSN · 18h

TSMC profits jump 54% on back of AI chip boom

Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, has further raised its growth outlook on the back of an artificial intelligence boom and a broad-based recovery in other sectors,

TSMC stock hits new high

Reuters · 2h

TSMC stock hits new high after posting forecast-beating earnings

TSMC's Taipei-listed shares hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook on strong artificial intelligence (AI) demand.

Seeking Alpha · 13h

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.

Investopedia on MSN · 18h

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.

20hon 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.

31m

Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook

Nvidia: The forecast from the leading producer of advanced AI chips reinforced investor confidence in the outlook for ...

13hon 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 ...

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 ...

3don MSN

TSMC Plans More Chip Plants in Europe, Taiwan Official Says

Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for artificial ...

TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom

TSMC's high-performance computing segment, which includes AI chips, made up 51% of overall revenue in the third quarter. The company expects its revenue from AI-related servers and processors to ...

devdiscourse1h

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 ...

9hon 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 ...

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 ...

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