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TSMC's Q4 profit rises 57% to a record
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 fourth-quarter results top expectations, net profit surges 57% 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 Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence (AI) demand.
TSMC Q4 Profit Set for Big Leap on Strong Demand for AI Chips
TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.
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.
Trump, TSMC
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.
TSMC’s Boss Will Skip Trump Inauguration, Unlike Other Tech CEOs
Taiwan Semiconductor Manufacturing Co.’s chief will not be attending President-elect Donald Trump’s inauguration, skipping a high-profile ceremony likely to feature a panoply of tech industry luminaries.
Alphabet CEO to join tech leaders at Trump inauguration
Alphabet CEO Sundar Pichai is among the Big Tech leaders planning to attend U.S. President-elect Donald Trump's inauguration on Monday, a person familiar with the matter told Reuters on Wednesday.
3h
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
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 ...
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 ...
Android Headlines on MSN
3h
TSMC rejected Samsung, it won't manufacture Exynos chips: Report
According to a popular tipster, TSMC has rejected the offer of manufacturing Exynos chips for Samsung, no exact reason has ...
The Sunday Business Post
8h
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 ...
2h
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 ...
5h
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 ...
5h
TSMC’s Strong Outlook Quashes AI Spending Fears
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
10h
on MSN
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 ...
Impacts
7h
Apple Loses First Place In Smartphone Sales In China
Apple lost its position as the largest smartphone vendor in China in 2024 as local competitors Vivo and Huawei surpassed the ...
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