TSMC, the world's largest contract chipmaker, reported a 54% increase in quarterly profit driven by high demand for AI chips.
Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, raised its expectation for annual revenue ...
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...
Julian Emanuel and colleagues at Evercore ISI put out a note ahead of Taiwan Semiconductor Manufacturing's results in which they noted that after the poorly-received update from ASML the report from ...
TSMC, the dominant producer of advanced chips used in AI applications and whose customers include Apple and Nvidia, has ...
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI ...
S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are barely changed%. Nasdaq 100 futures are adding 0.6%. On Wednesday, the Dow Jones Industrial Average rose 337 points, or 0.79%, to ...
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
The selloff follows an earnings report by chip manufacturing equipment supplier ASML which indicated weaker-than-expected ...
ASML holds a monopoly in advanced lithography but saw a 20% drop in shares due to cautious growth. Learn more about ASMIY ...
U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies ...
U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies.