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TSMC Earnings Boost Chip Stocks
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 earlier this week.
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 Composite.
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 Thursday.
TSMC, 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 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'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.
5h
on MSN
TSMC joins $1 trillion club as Q3 earnings spark chip sector rally
Another impressive round of earnings results from Taiwan Semiconductor Manufacturing Company sparked a broad chip stock rally ...
6h
on MSN
Nvidia and Apple supplier TSMC shares pop 10% after quarterly profit soars on AI demand
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Shares of Taiwan ...
4h
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor ...
1h
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 ...
5h
on MSN
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
12h
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.
11h
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 ...
5h
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 ...
3h
on MSN
TSMC may pose a long-term threat to US: here’s why
United States is overly dependent on TSMC for chip manufacturing. Here's why that may be a problem for the US in the long run ...
12h
on MSN
TSMC CEO says AI is not in a bubble and its growth is for real
CC Wei, the chairman and chief executive of Taiwan Semiconductor, was asked by JPMorgan analyst Gokul Hariharan on a ...
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