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TSMC net profit hits record high
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday on strong demand for its advanced chips.
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.
TSMC net profit hits record high as fourth-quarter results top expectations 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.
14m
on MSN
TSMC shares jump 5% after Nvidia supplier posts record profits
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
2h
Why Taiwan Semiconductor Stock Was Climbing Today
Despite the comment above, TSMC still issued much better guidance than expected for the first quarter. It forecasts revenue ...
6h
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Taiwan Semiconductor Manufacturing has outperformed 2024 expectations by wide margins. Check out 3 reasons to buy TSM stock.
9h
on MSN
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 ...
5h
TSMC Outperforms with 57% EPS Growth
Taiwan Semiconductor Manufacturing reported strong earnings in the fourth quarter of 2024, surpassing both analyst and ...
Stars and Stripes
4h
TSMC drives record Taiwan investment into US, Japan in China decoupling
Taiwan’s companies invested a record amount of money in the US and Japan last year while the figure for China stagnated — ...
8h
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
Investor's Business Daily on MSN
1h
Stock Market Today: Taiwan Semiconductor Leads Chips; Broadcom Breaks Out As Dow Jones, Nasdaq Catch Their Breath (Live Coverage)
The stock market today showed indexes pulling back after strong gains on Wednesday. But chip stocks Taiwan Semi and Broadcom ...
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