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Taiwan's TSMC posts sharp rise in 3rd quarter net profit
U.S.-listed shares of TSMC rise 7% in premarket after quarterly profit soars on AI demand
TSMC is the world's largest producer of advanced chips, serving clients such as Apple and Nvidia. Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit in the third quarter and forecast annual revenue growth in the last three months of the year,
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Taiwan's TSMC posts sharp rise in third quarter net profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for
5h
on MSN
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.
2h
on MSN
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 ...
16m
Dow opens higher, semiconductors rebound after strong TSMC earnings
U.S. stocks opened higher on Thursday as strong earnings from Taiwan Semiconductor Manufacturing Company helped boost chips ...
19h
All eyes are on TSMC earnings as the chipmaker industry faces slowdown worries
ASML slashed guidance on Tuesday, leading to a sell-off in chip stocks and raising the stakes for TSMC's upcoming earnings ...
3h
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor ...
22m
Nvidia’s stock tracks toward record as TSMC sees AI chip market still booming
All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the ...
29m
Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rally
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
5h
Morning Bid: TSMC steadies chip ship, ECB set to ease
European stocks (.STOXXE) pushed higher after a shaky week of disappointments from ASML and luxury goods maker LVMH (LVMH.PA) ...
1h
on MSN
US chip stocks rise as TSMC’s strong AI chip forecast boosts investor optimism
US chip stocks rise following TSMC's strong AI chip sales forecast, with Nvidia, AMD, and others benefiting from renewed ...
3h
on MSN
Stock Market Today: TSMC Earnings Boost Chip Stocks
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
52m
Stock market today: S&P 500, Nasdaq futures jump as TSMC outlook eases AI worries
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
4h
on MSN
TSMC CEO says AI is not in a bubble and its growth is for real
CC Wei, the chairman and chief executive of Taiwan Semiconductor, was asked by JPMorgan analyst Gokul Hariharan on a ...
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