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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 net profit hits record high as fourth-quarter results top expectations 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.
Trump, TSMC and tech
TSMC CEO opts out of Trump inauguration, stays low-key unlike other tech leaders
The CEO of Taiwan Semiconductor Manufacturing Co. (TSMC) will miss President-elect Donald Trump's inauguration.
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 high-profile ceremony likely to feature a panoply of tech industry luminaries.
Alphabet CEO to join tech leaders at Trump inauguration
Alphabet CEO Sundar Pichai is among the Big Tech leaders planning to attend U.S. President-elect Donald Trump's inauguration on Monday, a person familiar with the matter told Reuters on Wednesday.
TSMC, Q4
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.
TSMC reports Q4 EPS $2.24, consensus $2.08
Reports Q4 revenue $26.88B, up 37% year-over-year. In the fourth quarter, shipments of 3-nanometer accounted for 26% of total wafer revenue;
TSMC: Q4 Earnings Snapshot
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share. The chip company posted revenue of $26.88 billion in the period, which also beat Street forecasts.
2d
on MSN
TSMC Arizona's A16 processors may be in Apple devices soon
After four years of planning, TSMC is now finally going to make older iPhone processors in the US, but it's not and never ...
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 ...
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 ...
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 ...
6h
on MSN
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest ...
5h
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 ...
3h
on MSN
TSMC rejected Samsung, it won't manufacture Exynos chips: Report
The post TSMC rejected Samsung, it won't manufacture Exynos chips: Report appeared first on Android Headlines.
Impacts
7h
Apple Loses First Place In Smartphone Sales In China
Apple lost its position as the largest smartphone vendor in China in 2024 as local competitors Vivo and Huawei surpassed the ...
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