TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …
1 day ago · New York-listed shares of TSMC shot up 12% to an all-time high of $209 after the company comfortably beat consensus analyst forecasts for third-quarter profit and sales, sending its market value ...
Chip stocks rally as TSMC forecasts strong AI demand for 'many …
1 day ago · Several chipmaker stocks rallied on Thursday amid optimism over AI demand in Taiwan Semiconductor Manufacturing Company's (TSM) blowout third quarter earnings. After underperforming the broader ...
Nvidia hits record high as chip stocks rally on TSMC's rosy AI …
1 day ago · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. ... Reuters, the news and media division of ...
TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom
2 days ago · On Thursday, TSMC reported a better-than-projected 54% rise in September-quarter net profit to NT$325.3 billion ($10.1 billion). And it expects revenue of $26.1 billion to $26.9 billion in the ...
TSMC stock hits new high after posting forecast-beating earnings
1 day ago · TSMC's Taipei-listed shares hit a record high on Friday after the chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook on strong artificial intelligence (AI) demand.
TSMC Shares Reach Record High After AI Boom Brightens Forecast
2 days ago · TSMC’s 57%-plus gross-margin guidance for 4Q (vs. consensus’ 54.7%) — coupled with the fast ramp-up of N3-node revenue — indicates still-strong demand for its AI chips from Nvidia and ...
TSMC Q3 earnings: Profit beats expectations as AI boom drives …
2 days ago · Key Points. TSMC’s net income was 325.3 billion New Taiwan dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of NT$300.2 billion. Net revenue came in at $23.5 ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
2 days ago · TSMC, Asia's most valuable publicly listed company, said third-quarter revenue rose 36% year-on-year to $23.5 billion, better than the company's previous forecast of $22.4 billion to $23.2 billion ...
Live news: TSMC profits jump 54% as AI boom accelerates
3 days ago · TSMC profits jump 54% as AI boom accelerates. Taiwan Semiconductor Manufacturing Co reported a 54 per cent jump in net profit for the third quarter on Thursday as a chip boom driven by demand for ...
TSMC third-quarter profit seen jumping 40% on strong AI chip …
5 days ago · TSMC is set to report a net profit of T$298.2 billion ($9.27 billion) for the quarter ended Sept. 30, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater ...