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TSMC, ai and Taiwan
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.
Taiwan chipmaker TSMC forecasts higher-than-expected profit as AI demand grows
Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow by nearly 30%, as demand for the chips used to power artificial intelligence soars.
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).
1h
TSMC shares jump on expectation-topping third-quarter results
The world’s largest contract chipmaker generated a net profit of 325.3 billion New Taiwan dollars, or $10.1 billion, in the ...
15h
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.
Sun City West Independent
1h
TSMC plans to begin production ahead of schedule
Taiwan Semiconductor Manufacturing Co. announced it expects it to begin volume production in the beginning of 2025. The ...
2h
TSMC Q3: Strong Growth In Server AI Processor Market
TSMC indicated a very strong demand for server AI processors, which is anticipated to account for 15% of total revenue in ...
3h
Leading chip maker TSMC reports surging demand, plans for global expansion
Longer-term, TSMC is pursuing a rapid international expansion. It’s planning more plants in Europe with a focus on the market ...
8h
Chip stocks rally as TSMC forecasts strong AI demand for ‘many years’
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks ...
8h
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for ...
14h
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 ...
4h
on MSN
What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling ...
14h
Taiwan's TSMC Says Full-year Revenue Forecast To Grow Nearly 30%
Taiwan's TSMC said Thursday that its full-year revenue was forecast to grow nearly 30 percent, after the world's biggest chipmaker recorded a better-than-expected performance in the third quarter.
Sun City West Independent
1h
PulteGroup plans to acquire north Phoenix land near TSMC
Another homebuilder has plans to acquire a massive tract of land to build a new community of homes near Taiwan Semiconductor ...
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