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TSMC's Q4 profit rises 57% to a record
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 benefits from surging demand for semiconductors used in artificial intelligence processing.
TSMC profits surge 57% as demand for AI chips remains high
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" for its advanced chips.
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence (AI) demand.
Hosted on MSN
2d
TSMC Arizona's A16 processors may be in Apple devices soon
TSMC
's Arizona facility will soon begin shipping A16 processors for
Apple
It was back in 2020 when pressure over taxes ...
2h
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Taiwan Semiconductor Manufacturing has outperformed 2024 expectations by wide margins. Check out 3 reasons to buy TSM stock.
The Sunday Business Post
8h
Apple and Nvidia supplying chipmaker TSMC’s outlook beats estimates in sign of resilient AI spending
The Taiwanese company foresees spending $38 billion to $42 billion on technology and capacity upgrades this year, exceeding ...
iDrop News
1d
TSMC Almost Ready to Produce Apple’s First ‘Made in America’ Chips
Taiwan Semiconductor Manufacturing Company (TSMC) first announced its plans to build an “advanced semiconductor manufacturing ...
2h
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday on strong demand for its ...
2d
Apple will soon receive ‘made in America’ chips from TSMC Arizona
Apple is already testing the initial batch of processors produced for its devices by TSMC Arizona, reports Nikkei Asia. To ...
5h
TSMC’s Strong Outlook Quashes AI Spending Fears
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
1d
Apple now verifying TSMC’s ‘Made in USA’ chips, Nikkei Asia reports
Apple (AAPL) is in the final stage of verifying its first cutting-edge chips made at TSMC’s (TSM) Arizona plant, with the first batch expected ...
4h
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
7d
TSMC is now making Apple Watch chips in the US
TSMC's Arizona plant has apparently started making Apple Watch chips. Here's everything we know about Apple US production.
3h
TSMC Declines Samsung’s Request to Manufacture Exynos Chips: What It Means for Galaxy S25
Samsungs plan to outsource Exynos chip production to TSMC faces a setback as the chipmaker declines the deal. Learn how this ...
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