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TSMC, AI
What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling earlier this week.
Chip stocks rally as TSMC forecasts strong AI demand for ‘many years’
Taiwan Semiconductor Manufacturing Company's blowout third quarter earnings and optimism over AI demand boosted chip stocks Thursday.
TSMC Stock Gains on Earnings Beat. AI Chip Demand Is Surging.
It’s a sign of strong demand for artificial-intelligence chips. Taiwan Semi, or TSMC, said revenue in U.S. dollars in the third quarter jumped 36% from a year earlier to $23.5 billion. Net profit rose 54% on the year to the equivalent of $10.
Nvidia stock rises to new record, exceeding Jun. high
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 sector.
Stock market today: Indexes fall from records as chip rout drags tech shares lower
A drop in chipmaker shares on Tuesday hit pause on the latest rally, yanking indexes from the record highs achieved in the previous session. The tech-heavy Nasdaq dropped 1% as Tuesday's session delivered a double-whammy to the semiconductor industry.
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Shares of Nvidia rose more than 3% on Thursday, briefly tapping a new intraday high of $140.89. It bested a previous record of $140.76, set June 20.
1h
on MSN
TSMC joins $1 trillion club as Q3 earnings spark chip sector rally
Another impressive round of earnings results from Taiwan Semiconductor Manufacturing Company sparked a broad chip stock rally ...
8h
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.
23m
on MSN
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
4h
Taiwan chipmaker TSMC forecasts higher-than-expected profit as AI demand grows
Taiwan’s TSMC, the world’s largest contract chipmaker, said Thursday that its full-year revenue for 2024 was expected to grow ...
5h
on MSN
TSMC On Cusp Of Topping $1 Trillion Valuation As Stock Jumps 8% In Premarket: What's Going On
TSMC is riding the crest of the AI frenzy, with the technology fueling the Taiwanese foundry's third-quarter results.
7h
on MSN
TSMC set to produce first chips from new Arizona plant at start of 2025
TSMC is building three new facilities in Arizona in order to protect its business against mounting tensions between China and ...
6h
on MSN
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 ...
7h
Taiwan's TSMC Says Full-year Revenue Forecast To Grow Nearly 30%
Taiwan's TSMC said Thursday that its full-year revenue was forecast to grow nearly 30 percent, after the world's biggest chipmaker recorded a better-than-expected performance in the third quarter.
5h
on MSN
U.S. Chip Stocks Rally as TSMC's AI-Backed Outlook Impresses Investors
TSMC's U.S.-listed shares are up more than 80% so far this year, while Nvidia has risen over two folds, as investors pour ...
3h
on MSN
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 ...
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