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.
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.
TSMC Shatters Records: AI Boom Sends Profits Soaring -- Is This Just the Beginning?
Chip giant TSMC posts a record-breaking quarter, shrugs off U.S. export curbs, and gears up for massive expansion.
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.
TSMC logs record quarterly profit, sees hefty revenue growth in early 2025
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Company beat revenue and profit expectations in the fourth quarter on continued strong demand for AI chips.
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 ...
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 ...
US blacklists Chinese companies over TSMC chips in Huawei processor
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including ...
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
TSMC Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
TSMC cuts profit target as cost of diversifying supply chain starts to bite
Taiwan Semiconductor Manufacturing Company has cut its profitability target despite roaring demand for artificial intelligence chips, as the cost burden of diversifying its supply chain starts to bite ...
Digi Times2h
6 key takeaways from TSMC's earnings: AI boom, 2025 growth, and record capex
TSMC attained a record-high level of performance in 2024, and its revenue is expected to climb by around 25% in US dollars in ...
Why Nvidia, Micron and TSMC stocks are sinking right now
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...
TSMC can weather geopolitical tensions
Chipmaker is well placed to cope with disruption caused by increasing US restrictions on chip tech exports to China ...