TSMC stock hits new high
TSMC stock hits new high after forecast-beating earnings
The Taipei-listed shares of TSMC hit a record high on Friday after the world's largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for strong artificial intelligence (AI) demand.
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 our TSM earnings update.
Chip stocks rally as TSMC forecasts strong AI demand for 'many years'
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
TSMC stock hits new high after posting forecast-beating earnings
TSMC's Taipei-listed shares hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook on strong artificial intelligence (AI) demand.
Chip stocks rally after TSMC's strong sales forecast calms growth worries
TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec
TSMC Stock Gains on Earnings Beat. There’s Nothing Wrong With AI Chips.
Taiwan Semiconductor Manufacturing stock was rising 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.
US chip stocks rally buoyed by TSMC’s strong sales forecast
On October 17, an increasing trend was seen in US chip stocks. This happened after TSMC released a sales forecast which gained investors’ attention about the demand for processors. These in-demand processors are used to power AI applications.
Why Artificial Intelligence (AI) Chipmaker Taiwan Semiconductor Manufacturing Charged Higher on Thursday
The foundry giant served up convincing evidence that the artificial intelligence (AI) revolution is far from over.
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 ...
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 ...
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 ...
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 ...
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 ...
TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom
TSMC's high-performance computing segment, which includes AI chips, made up 51% of overall revenue in the third quarter. The company expects its revenue from AI-related servers and processors to ...
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.