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Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.

AFP on MSN · 23h

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.

Barron's · 6d

Taiwan Chip Giant TSMC Says 2024 Revenue Rose 33.9%

Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as the company continued to benefit from soaring demand for AI technology.

Reuters · 2h

TSMC's US plant unlikely to get latest chip tech before Taiwan, CEO says

TSMC's new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex compliance issues, local construction regulations and various permitting requirements,

U.S. News & World Report · 18h

Taiwan Takes a Further Step in Production of AI Chips With Advanced New Plant

Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware Precision Industries Co.

6don MSN

World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales

The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.

TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong

The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...

22h

Asian, European Chip Stocks Rise After TSMC's AI Growth Forecast

Semiconductor stocks in Asia and Europe were on the rise after Taiwan Semiconductor Manufacturing Co. guided for robust sales growth this year on strong artificial-intelligence demand. Shares of the ...

TSMC's Fourth-Quarter Net Profit Likely Jumped 55% -- Earnings Preview

NET PROFIT: The Taiwanese chip maker is expected to post a 55% rise in quarterly net profit to 370.64 billion New Taiwan dollars, equivalent to US$11.24 billion, according to the consensus estimate of ...

Crude Oil Prices10d

Top Gas Turbine Maker Bets on Taiwan as Country Phase Outs Nuclear

One of the top natural gas turbine makers in the world, GE Vernova, sees big opportunities in Taiwan, which is set to phase ...

Irish Examiner on MSN17h

Taiwanese chipmaker TSMC posts 57% surge in profits thanks to AI boom

Taiwan computer chip maker TSMC reported on Thursday that its profit in the last quarter rose 57%, buoyed by the artificial ...

19hon MSN

TSMC logs record quarterly profit, sees hefty revenue growth in early 2025

Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in ...

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