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TSMC, AI and Nvidia
TSMC Stock Surges After CEO Says AI Chip Demand Is Booming. It’s Good News for Nvidia.
Taiwan Semiconductor Manufacturing stock rose after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications.
Taiwan's TSMC posts sharp rise in 3rd quarter net profit
Taiwan chipmaker TSMC forecasts higher-than-expected profit as AI demand grows
Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow by nearly 30%, as demand for the chips used to power artificial intelligence soars.
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Taiwan's TSMC posts sharp rise in third quarter net profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for
17h
on MSN
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
3h
TSMC shares jump on expectation-topping third-quarter results
The world’s largest contract chipmaker generated a net profit of 325.3 billion New Taiwan dollars, or $10.1 billion, in the ...
4h
TSMC Q3: Strong Growth In Server AI Processor Market
TSMC indicated a very strong demand for server AI processors, which is anticipated to account for 15% of total revenue in ...
10h
on MSN
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
5h
Leading chip maker TSMC reports surging demand, plans for global expansion
Longer-term, TSMC is pursuing a rapid international expansion. It’s planning more plants in Europe with a focus on the market ...
10h
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for ...
3d
on MSN
TSMC Plans More Chip Plants in Europe, Taiwan Official Says
Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for artificial ...
1d
TSMC set to report strong profit driven by AI boom
Taiwan Semiconductor Manufacturing Co , the dominant producer of advanced chips used in artificial intelligence applications, ...
Sun City West Independent
3h
TSMC plans to begin production ahead of schedule
Taiwan Semiconductor Manufacturing Co. announced it expects it to begin volume production in the beginning of 2025. The ...
11h
on MSN
TSMC to start commercial semiconductor production in Phoenix earlier than thought
TSMC will start producing semiconductors at its Phoenix plant near the start of 2025, earlier than anticipated, and the company expects good quality.
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