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.
Taiwanese Chipmaker TSMC Posts 57% Surge in Profit Thanks to the AI Boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
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.
Taiwan: Taiwanese chipmaker TSMC reports 57% y-o-y net profit growth in Q4 2024
TSMC, the Taiwanese company and world’s largest chipmaker, reported a net profit of $11.37 billion for the fourth quarter, representing a 57 percent year-on-year increase and the highest quarterly profit in the company’s history,
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.
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 ...
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.
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 ...
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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 ...
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TSMC Almost Ready to Produce Apple’s First ‘Made in America’ Chips
Taiwan Semiconductor Manufacturing Company (TSMC) first announced its plans to build an “advanced semiconductor manufacturing ...
Apple is about to start using its first ‘Made in USA’ iPhone chips
Apple is in the "final stages" of verifying the 'Made in America' iPhone chips in the TSMC Arizona factory so it can start ...
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 ...
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 ...
Apple now verifying TSMC’s ‘Made in USA’ chips, Nikkei Asia reports
Apple (AAPL) is in the final stage of verifying its first cutting-edge chips made at TSMC’s (TSM) Arizona plant, with the first batch expected ...
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 ...
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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.