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Taiwan's TSMC says net profit rose 57% in 4th quarter
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 fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
TSMC Q4 Profit Set for Big Leap on Strong Demand for AI Chips
TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.
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 booming demand for
TSMC Q4 profit beats expectations on robust AI demand
TSMC's (TW: 2330) (NYSE: TSM) net income surged 57% to T$374.68 billion ($11.60 billion) in the three months to Dec 31, the company said in a statement. The figure was higher than Bloomberg estimates of T$369.84 billion.
TSMC Q4 profit leaps to record on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing. The world's largest contract chipmaker,
TSMC Q4 profit jumps over 57% to record on strong demand for AI chips
World's largest contract chipmaker, whose customers include Apple and Nvidia, posted a net profit of T$374.68 billion ($11.4 billion) for the quarter ended Dec 31
TSMC's Fourth-Quarter Net Profit Likely Jumped 55% -- Earnings Preview
Taiwan Semiconductor Manufacturing Co. is scheduled to report fourth-quarter results on Thursday. Here is what you need to know: NET PROFIT: The Taiwanese chip maker is expected to post a 55% rise in quarterly net profit to 370.
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.
Shacknews
1h
Taiwan Semi (TSM) Q4 2024 earnings results beat revenue and profit expectations
Taiwan Semiconductor (TSM) has reported its Q4 2024 earnings results which saw the company deliver high revenue and profits.
1h
on MSN
TSMC Ended 2024 Strong With Another Record Quarter
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
The Edge Singapore
1h
TSMC profit beats estimates after year of rapid AI-driven growth
The world’s biggest chipmaker reported net income of NT$374.7 billion ($15.56 billion) on Thursday, compared with an average ...
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.
2d
Why Nvidia, Micron and TSMC stocks are sinking right now
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...
1h
on 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 hefty first-quarter ...
5h
Why a Lucrative TSMC Arbitrage Trade Is Too Dangerous for Hedge Funds
In theory, it’s one of the financial world’s juiciest arbitrage trades: shares of Taiwan Semiconductor Manufacturing Co.
10h
on MSN
TSMC Earnings Are Coming. AI Chip Demand and U.S. Export Curbs Are in Focus.
Taiwan Semiconductor Manufacturing is set to report a surge in quarterly profit on the back of demand for ...
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