Chip giant TSMC reports blockbuster results even as questions over AI mania loom
The Taiwanese company's blockbuster results came after Dutch chip equipment maker ASML — a supplier to TSMC — reported ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC estimated its capital spending in the current quarter would more than double to around $11.5 billion and that the budget ...
Morning Bid: TSMC Steadies Chip Ship, ECB Set to Ease
TSMC, the dominant producer of advanced chips used in AI applications and whose customers include Apple and Nvidia, has ...
Nikkei closes lower as chip stocks drag, investors focus on earnings
Major technology stocks fell for a second session and dragged the Nikkei lower, after ASML's cut to annual sales forecast ...
China’s stimulus package fails to impress traders, markets in Shanghai and Hong Kong slip
The world’s number-two economy has struggled to recover since lifting strict Covid controls at the end of 2022, battered by a ...
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Taiwan semiconductor TSMC sees US$10b in net profit as AI tech grows; to open four overseas plants in US and Japan
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and ...
Nasdaq futures lead rally after bumper TSMC results and forecast
S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are barely changed%. Nasdaq 100 futures are adding 0.6%. On Wednesday, the Dow Jones Industrial Average rose 337 points, or 0.79%, to ...
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 AI ...
Nvidia, chip stocks rally after TSMC's blowout earnings
Chip stocks rose higher Thursday after a blowout earnings report by Taiwan Semiconductor Manufacturing (NYSE:TSM), the ...