Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC now anticipates its capital expenditure for this year will pick up to slightly higher than $30 billion, it said during its earnings call. The firm's capex costs edged higher
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
TSMC Stock Gains on Earnings Beat. AI Chip Demand Is Surging.
It’s a sign of strong demand for artificial-intelligence chips. Taiwan Semi, or TSMC, said revenue in U.S. dollars in the third quarter jumped 36% from a year earlier to $23.5 billion. Net profit rose 54% on the year to the equivalent of $10.
TSMC Reports Strong Profit Growth Fueled by AI Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a significant third-quarter profit increase, driven by the surge in demand for artificial intelligence (AI) applications. Analysts project TSMC’s net profit will jump 42% to T$300.
TSMC stock rallies on upbeat Q3 earnings fueled by strong AI chip demand
"Robust AI-related demand" led to strong Q3 earnings for the Taiwanese chipmaker that is building out a huge complex in Phoenix.
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.
Looking to Buy Your First AI Stock? This Is the Best Choice (Hint: It's Not Nvidia).
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What the roller-coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results should be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling ...
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US Probes TSMC for Allegedly Helping Huawei Develop Smartphone, AI Chips for the Chinese Tech
The report from The Information regarded that TSMC possibly helped Huawei in manufacturing their much-needed smartphone ...
TSMC: Increased FY2025 Capex Confirms Strong AI Demand
TSM is undervalued despite nearing all-time highs, driven by strong AI demand that has helped maintain its 30%+ YoY revenue ...
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.
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a ...
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...
TSMC Q3: The Ultimate AI Weather Vane
TSMC's impressive Q3 earnings show strong revenue and earnings growth. Click here to find out what makes TSM stock a ...
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor ...
TSMC Shares Reach Record High After AI Boom Brightens Forecast
Taiwan Semiconductor Manufacturing Co. shares hit a record high after the chipmaker topped quarterly estimates and raised its ...
US suspects TSMC helped Huawei skirt export controls, report says
TSMC risks potentially substantial fines if the probe confirms that the company helped Huawei access US-made chips. Last year ...