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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 fourth-quarter profit seen jumping 58% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
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.
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 ...
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
US blacklists Chinese companies over TSMC chips in Huawei processor
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including ...
2d
on MSN
TSMC's next-gen 2nm silicon is reportedly on track for later this year but don't expect chips for PCs until 2027 and beyond
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TweakTown
15h
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 ...
2d
on MSN
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 ...
8h
TSMC CEO is optimistic about Arizona chip quality despite challenges, most advance tech will remain in Taiwan
Speaking at a National Taiwan University event, Wei outlined a series of obstacles that have slowed progress and increased costs for TSMC's U.S. expansion. These challenges ...
1d
TSMC shares soar; company updates Phoenix chip production
Business is booming for Taiwan Semiconductor Manufacturing Co. with the global computer chip maker reporting a surge in Q4 ...
23h
on MSN
Futurum Group's research director discusses impact of U.S. chip curbs on TSMC
Olivier Blanchard, research director at The Futurum Group, says the incoming Trump administration may use artificial ...
6d
TSMC's Arizona Fab 21 is already making 4nm chips
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