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TSMC net profit hits record high
TSMC's Q4 profit rises 57% to a record, in line with forecast
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.
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.
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.
2d
on MSN
TSMC Arizona's A16 processors may be in Apple devices soon
After four years of planning, TSMC is now finally going to make older iPhone processors in the US, but it's not and never ...
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.
2d
Apple will soon receive ‘made in America’ chips from TSMC Arizona
Apple is already testing the initial batch of processors produced for its devices by TSMC Arizona, reports Nikkei Asia. To ...
The Sunday Business Post
12h
Apple and Nvidia supplying chipmaker TSMC’s outlook beats estimates in sign of resilient AI spending
The Taiwanese company foresees spending $38 billion to $42 billion on technology and capacity upgrades this year, exceeding ...
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 ...
8h
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
11h
on MSN
TSMC sees Q1 revenue at $25B-$25.8B after strong Q4 results
TSMC posts record quarterly profit of $11.4 billion, driven by surging AI chip demand while forecasting a $25.8 billion Q1 ...
3h
TSMC’s Mixed Signals: Hold Rating Amid Strong Demand and Future Headwinds
Krish Sankar, an analyst from TD Cowen, maintained the Hold rating on TSMC (TSM – Research Report). The associated price target was raised to ...
Cryptopolitan on MSN
6h
TSMC CEO opts out of Trump inauguration, stays low-key unlike other tech leaders
The CEO of Taiwan Semiconductor Manufacturing Co. (TSMC) will miss President-elect Donald Trump's inauguration.
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