Taiwanese Chipmaker TSMC Posts 57% Surge in Profit Thanks to the AI Boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
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 Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
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 Reports Record Profit Growth In Q4 On Surging AI Demand
Taiwan Semiconductor Manufacturing Company reported fourth-quarter revenue and net income, exceeding estimates. Revenue jumped over 38%, while profit rose 57% year-over-year to record highs, driven by surging demand for AI and 5G chips.
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.
China's Jinko Solar expects up to 98.9% fall in annual profit
China's Jinko Solar said on Friday it expects to record a 98.4% to 98.9% decrease in its full-year 2024 net income.
UnitedHealth tops profit forecasts but medical costs linger for health care giant
UnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization ...
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Balancing People And Profit Margins
Meta CEO Mark Zuckerberg announced a shift away from incorporating diversity, equity, and inclusion strategies in hiring.
Truist beats quarterly profit estimates on investment banking gains
Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking ...
‘Profit Off of My Tragedy’: Donation Scams Compound Suffering for Fire Victims
Online fund-raisers with stories of loss and desperation have become a symbol of the Los Angeles wildfires’ destruction.
PNC Financial's Profit Rises on Interest Income Growth, Lower Rainy-Day Funds
(Reuters) - PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set ...
India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost
India's ICICI Lombard General Insurance beat third-quarter profit estimates on Friday, helped by higher premiums earned in ...