Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial ...
Taiwan's TSMC Says Net Profit Rose 57% In Fourth Quarter
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
Nvidia Stock Gains. This Is Driving AI Chip Optimism.
Investors could be encouraged by news from TSMC, which reported a surge in profit on strong demand for AI semiconductors.
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" ...
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest ...
TSMC’s Strong Outlook Quashes AI Spending Fears
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The Edge Singapore20m
Politicisation of semiconductor supply chain a boon and a bane for regional firms, says Chip War author
Politicised supply chains Chip War was published just in October 2022, but as with the broader tech universe, much has ...
Stock Market Today: Nasdaq to lead Dow and S&P 500 higher after Taiwan Semi results; Bank of America and Morgan Stanley earnings on tap.
Follow here to see if Wall Street can add to the big gains seen midweek after cooler inflation saw Treasury yields plunge, ...