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Taiwan's TSMC says net profit rose 57% in 4th quarter
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.
Taiwan's TSMC says net profit rose 57% in fourth quarter
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
TSMC Reports Strong Q4 Profit Amid Rising AI Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted a stronger-than-expected Q4 profit, fueled by robust demand for AI-driven advanced chips. Net income surged 57% to T$374.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
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 Q4 Earnings Ahead: Street expects biggest profit jump in two years
Taiwanese chip making company Taiwan Semiconductor Manufacturing (NYSE:TSM) is set to report its fourth quarter earnings results on Thursday, January 16th, before the opening bell. Analysts expect the company to post its biggest profit jump since 2022.
1h
on MSN
TSMC’s Boss Will Skip Trump Inauguration, Unlike Other Tech CEOs
Taiwan Semiconductor Manufacturing Co.’s chief will not be attending President-elect Donald Trump’s inauguration, skipping a ...
5h
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 ...
5h
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
1h
TSMC cuts profit target as cost of diversifying supply chain starts to bite
Taiwan Semiconductor Manufacturing Company has cut its profitability target despite roaring demand for artificial intelligence chips, as the cost burden of diversifying its supply chain starts to bite ...
5h
TSMC Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
2d
Why Nvidia, Micron and TSMC stocks are sinking right now
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...
20h
US Blacklists Chinese AI Developer and Co That Ordered TSMC Chip Found in Huawei Processor
WASHINGTON (Reuters) - The Biden administration added 16 entities to its trade blacklist on Wednesday, including a Chinese ...
devdiscourse
36m
Nvidia Expands Capacity with TSMC's Advanced Packaging
Nvidia continues to enhance its packaging technology with TSMC, shifting from CoWoS-S to CoWoS-L for its AI chips. The ...
Hosted on MSN
2d
TSMC commences four-nanometre chip production in Arizona
In November 2024, the US Commerce Department finalised a $6.6bn grant for TSMC for semiconductor production in Arizona.
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