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TSMC, ai and Taiwan computer chip

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.

Hosted on MSN · 1h

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.

Reuters · 7h

TSMC Q4 profit leaps to record on strong demand for AI chips

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.

Investopedia on MSN · 1h

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 contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.

NHK · 1h

TSMC logs record revenue, profit for 2024

Taiwanese tech giant TSMC has reported record high revenue and profit for 2024. The world's largest semiconductor foundry operator credits growth in demand for cutting-edge chips for AI.

Reuters · 7h

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.

CNBC on MSN · 6h

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.

Barron's · 5h

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 Profit Beats Estimates

Bloomberg L.P. · 6h

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 investors hoping to see the AI hardware spending spree extend into 2025.

Wall Street Journal · 7h

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 the U.S.-China chip rivalry.

Reuters on MSN · 4h

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.

2hon MSN

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 ...

50m

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 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 ...

Irish Examiner on MSN30m

Taiwanese chipmaker TSMC posts 57% surge in profits thanks to AI boom

Taiwan computer chip maker TSMC reported on Thursday that its profit in the last quarter rose 57%, buoyed by the artificial ...

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 ...