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Taiwan's TSMC Says Net Profit Rose 57% In 4th Quarter
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.
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.
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.
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,
TSMC, Q4
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Taiwan Semiconductor Manufacturing has outperformed 2024 expectations by wide margins. Check out 3 reasons to buy TSM stock.
TSMC reports Q4 EPS $2.24, consensus $2.08
Reports Q4 revenue $26.88B, up 37% year-over-year. In the fourth quarter, shipments of 3-nanometer accounted for 26% of total wafer revenue;
TSMC: Q4 Earnings Snapshot
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share. The chip company posted revenue of $26.88 billion in the period, which also beat Street forecasts.
2h
on MSN
TSMC shares jump 5% after Nvidia supplier posts record profits
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
3h
TSMC Q4: Expecting Fabless Semi Inventory To Return To Healthier Level In 2025
TSMC's revenue from AI accelerators tripled in FY24 and is expected to double in FY25, supported by increased CAPEX for advanced technologies. Learn more on TSM stock here.
4h
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 ...
8h
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 ...
7h
on MSN
TSMC Stock Jumps. Why the Nvidia Supplier’s Earnings Are Boosting Chip Shares.
Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.
11h
on MSN
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 ...
1h
TSMC shares soar; company updates Phoenix chip production
Business is booming for Taiwan Semiconductor Manufacturing Co. with the global computer chip maker reporting a surge in Q4 ...
51m
on MSN
These Stocks Are Moving the Most Today: TSMC, Bank of America, Morgan Stanley, UnitedHealth, Symbotic, D-Wave Quantum, and More
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits ...
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