TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …
14 hours 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 …
12 hours 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 …
17 hours 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
22 hours 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 Shares Reach Record High After AI Boom Brightens Forecast
22 hours 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 Hikes Revenue Outlook in Show of Confidence in AI Boom
22 hours 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 ...
Live news: TSMC profits jump 54% as AI boom accelerates
2 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 Q3 earnings: Profit beats expectations as AI boom drives …
1 day 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 profits jump 54% on back of AI chip boom - Financial Times
19 hours ago · The bullish guidance came as the Taiwan-based company reported a 54 per cent year-on-year jump in net profit to NT$325.3bn (US$10.1bn) for the third quarter, exceeding its forecast from three ...
TSMC third-quarter profit seen jumping 40% on strong AI chip …
4 days ago · The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock soaring 77% so far this year, compared with a 28% gain for the broader market ...