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U.S.-listed shares of TSMC rise 7% in premarket
U.S.-listed shares of TSMC rise 7% in premarket after quarterly profit soars on AI demand
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit in the third quarter and forecast annual revenue growth in the last three months of the year,
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
Taiwan's TSMC Posts Sharp Rise In Third Quarter Net Profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI technology.
2h
on MSN
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
54m
on MSN
TSMC Posts Record Profit as AI Boom Continues
The Taiwanese company guided for fourth-quarter revenue of US$26.1 billion to US$26.9 billion, with the gross profit margin ...
2h
Morning Bid: TSMC steadies chip ship, ECB set to ease
European stocks (.STOXXE) pushed higher after a shaky week of disappointments from ASML and luxury goods maker LVMH (LVMH.PA) ...
57m
on MSN
TSMC set to produce first chips from new Arizona plant at start of 2025
TSMC is building three new facilities in Arizona in order to protect its business against mounting tensions between China and ...
32m
on MSN
Stock Market Today: TSMC Earnings Boost Chip Stocks
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
16m
on MSN
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...
16h
All eyes are on TSMC earnings as the chipmaker industry faces slowdown worries
ASML slashed guidance on Tuesday, leading to a sell-off in chip stocks and raising the stakes for TSMC's upcoming earnings ...
6m
TSMC Is the Chip Sector’s Hero. Why That’s a Risk for U.S. Tech.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Thursday as the stock market reacts to Taiwan Semiconductor earnings in light of the recent ASML selloff.
LIVE
24m
Stock market today: Nasdaq futures jump as TSMC outlook relieves AI fears, spurs chip stock rally
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
5h
on MSN
TSMC third-quarter profit beats expectations as AI boom drives 54% hike
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Taiwan Semiconductor ...
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