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 beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
TSMC Posts Record Quarterly Profit Amid AI Boom
The world’s largest contract chip maker maintained its growth momentum in the third quarter, with net profit jumping 54%.
TSMC's AI-driven boom has 'no end in sight', analysts say
Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips.
TSMC third-quarter profit beats expectations as AI boom drives 54% hike
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, as global chipmakers continue to benefit from demand boosted by AI applications.
TSMC Q3 earnings beat forecast with AI chip demand driving growth
Taiwan Semiconductor Manufacturing Co. (TSMC), a key supplier to Nvidia and Apple, posted a 54% increase in Q3 net profit, surpassing expectations as surging demand for artificial intelligence (AI) chips offset weakness in the mobile industry.
TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom
Taiwan Semiconductor Manufacturing Co. posted a better-than-projected 54% rise in quarterly earnings after strong sales of Nvidia Corp. AI chips offset a sagging mobile industry.
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.
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 ...
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 ...
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 ...
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 ...
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) ...
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.
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 ...
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 ...
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.
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...
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 ...