Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.

Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.

The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.

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Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S.

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