TSMC, AI boom
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).
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 expected between 57% and 59%.
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
TSMC profits jump 54% on back of AI chip boom
Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, has further raised its growth outlook on the back of an artificial intelligence boom and a broad-based recovery in other sectors,
TSMC Profit Beats Estimates Amid AI Chip Boom
TSMC posted a better-than-projected 54% rise in quarterly earnings. The company reported September-quarter net profit of NT$325.3 billion ($10.1 billion), versus an average estimate for NT$299.3 billion.
TSMC Posts Record Quarterly Profit Amid AI Boom
The world’s largest contract chip maker maintained its growth momentum in the third quarter, with net profit jumping 54%.
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's AI-driven boom has 'no end in sight', analysts say
Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips.
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.
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor ...
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 ...
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 ...
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) ...
Dow Jones Today: Stock Futures Advance as TSMC Earnings Fuel Chip Stock Rebound
U.S. stock futures rose in premarket trading on Thursday as solid quarterly results from the world's largest contract ...
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 ...
TSMC Bulls Expect Strong Results to Support Record-High Shares
The rebound in shares of Taiwan Semiconductor Manufacturing Co. to a fresh record faces a key test with its earnings report ...
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 ...
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TSMC revenue up 36% as world+dog demands AI and smartphone chips
Taiwan's semiconductor giant TSMC has reported a good third quarter with revenue up 36 percent over a year ago, due to strong ...