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 Q4 Profit Set for Big Leap on Strong Demand for AI Chips
TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.
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
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 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. The world's largest contract chipmaker,
TSMC Ended 2024 Strong With Another Record Quarter
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating the U.S.-China chip rivalry.
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TSMC Q4 Earnings: An Exceptional Report
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Taiwan Semiconductor Manufacturing Stock Pops on Strong Artificial Intelligence (AI) Revenue Growth Guidance. Is TSM Stock a Buy?
Taiwan Semiconductor Manufacturing Stock Pops on Strong Artificial Intelligence (AI) Revenue Growth Guidance. Is TSM Stock a Buy?
Rackspace Technology reshuffles board, reaffirms Q4 guidance
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