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TSMC Reports Record Profit Growth In Q4
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
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.
TSMC Reports Record Profit Growth In Q4 On Surging AI Demand
Taiwan Semiconductor Manufacturing Company reported fourth-quarter revenue and net income, exceeding estimates. Revenue jumped over 38%, while profit rose 57% year-over-year to record highs, driven by surging demand for AI and 5G chips.
TSMC, Taiwan
TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says
TSMC's new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements,
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.
Taiwanese Chipmaker TSMC Posts 57% Surge in Profit Thanks to the AI Boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
1d
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 ...
22h
on MSN
TSMC is the 'only game in town' for AI chips: Analyst
Myron Xie of SemiAnalysis shares his bullish view on TSMC, after the AI chipmaker posted record Q4 profits. Here's how Chiefs ...
16h
Apple’s best chips won’t be US-manufactured per TSMC, here’s why
Apple is expanding its US-made chip roster, but according to TSMC’s CEO, the most modern chips will continue being ...
ExtremeTech on MSN
10h
TSMC Is Getting Paid Extra for 4nm Chips From Arizona Fab
Wei also addressed a question about ramping up bleeding-edge nodes at the Arizona fab, now that TSMC has the greenlight from ...
16h
TSMC Q4 Earnings: An Exceptional Report
TSMC's strong Q4 earnings, driven by AI demand and operational excellence, make it a high-quality investment. Click here to ...
TweakTown
16h
TSMC sets 'volume production' target date for 1.6nm chip
TSMC is drastically increasing its expenditures to get its cutting-edge 1.6nm chips into 'volume production' by 2026, with ...
1d
TSMC chip production in Phoenix ahead of schedule as company posts $11.5B profit
Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter ...
2d
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The company’s chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more ...
1d
TSMC Q4: Expecting Fabless Semi Inventory To Return To Healthier Level In 2025
TSMC's revenue from AI accelerators tripled in FY24 and is expected to double in FY25, supported by increased CAPEX for ...
CCN on MSN
4d
Samsung Takes on TSMC in Texas — 2nm Chips Set To Roll Out by 2026
Samsung is set to go head-to-head with TSMC in the U.S. as it gears up to start production on new 2nm and 3nm chips by ...
1d
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 ...
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