Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.
Taiwan Semi (TSM) Q4 2024 earnings results beat revenue and profit expectations
Taiwan Semiconductor (TSM) has reported its Q4 2024 earnings results which saw the company deliver high revenue and profits. On January 16, 2025, Taiwan Semiconductor (TSM) reported its further quarter earnings results which showed an increased to net income and diluted EPS of 57 percent while revenue for the quarter increased 38.8 percent.
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" for its advanced chips.
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday on strong demand for its advanced chips.
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.Net revenue for the fourth quarter rose 38.
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 has benefited from the megatrend in favor of AI.
TSMC Q4 profit leaps to record on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing. The world's largest contract chipmaker,
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TSMC has begun chip production in Arizona, company confirms
The Taiwan Semiconductor Manufacturing Co. is officially producing advanced manufacturing chips in Phoenix, the company ...
Why Taiwan Semiconductor Stock Was Climbing Today
Despite the comment above, TSMC still issued much better guidance than expected for the first quarter. It forecasts revenue ...
Taiwan takes a further step in production of AI chips with advanced new plant
Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware Precision ...
Taiwan is finally allowing TSMC to build leading 2nm chips outside the country
This marks a significant shift from past policies designed to safeguard Taiwan's leadership in semiconductor manufacturing.
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Taiwanese govt clears TSMC to make 2nm chips abroad — country lowers its 'Silicon Shield'
TSMC is now permitted to build chips on its upcoming 2nm-class process technologies at its facilities outside of Taiwan, ...
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Taiwanese government lifts foreign chip making restrictions as TSMC begins production of 4nm chips in Arizona
The Taiwanese government has lifted restrictions that limited domestic chip manufacturers such as TSMC from producing 2nm ...
Taiwan says exclusion from new US curbs on AI tech should 'give confidence'
Taiwan's exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should "give ...
TSMC Earnings Are Coming. AI Chip Demand and U.S. Export Curbs Are in Focus.
Taiwan Semiconductor Manufacturing is set to report a surge in quarterly profit on the back of demand for ...