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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. Net revenue for the fourth quarter rose 38.
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 26 analysts in a FactSet poll. That would compare with NT$238.7 billion in the year-earlier period.
TSMC's Q4 profit rises 57% to a record, in line with forecast
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Company beat revenue and profit expectations in the fourth quarter on continued strong demand for AI chips.
TSMC Q4 profit set for big leap on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
5d
on 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.
12h
on MSN
U.S. Further Tightens Chip Restrictions, Adds Chinese Firms to Blacklist
The moves are part of the Biden administration’s last-gasp efforts to clamp down on China’s harnessing of AI for its military ...
5d
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.
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9d
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 ...
malaymail
1h
TSMC scores big with 57pc Q4 profit surge, riding high on AI demand
Taiwanese chipmaking giant TSMC today announced a better-than-expected net profit for the fourth quarter as it benefits from ...
5d
74% of Chip-Reliant Organisations Report Insufficient Supply
While the world has largely recovered from the chip shortage of 2020 to 2023, only 26% of organisations that rely on them ...
9d
on MSN
Chip stocks soar as solid earnings from top tech manufacturer Foxconn point to big AI demand
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, ...
1d
Taiwan is finally allowing TSMC to build leading 2nm chips outside the country
This marks a significant shift from past policies designed to safeguard Taiwan's leadership in semiconductor manufacturing.
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