TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
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 fourth-quarter profit seen jumping 58% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
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.
TSMC Reports Strong Q4 Profit Amid AI-Driven Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a stronger-than-expected Q4 profit, fueled by rising demand for AI-driven advanced chips. The worlds largest contract chipmaker recorded a 57% jump in net income,
TSMC Q4 profit set for big leap on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
TSMC profits surge 57% as demand for AI chips remains high
TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" for its advanced chips.
TSMC Ended 2024 Strong With Another Record Quarter
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating the U.S.-China chip rivalry.
TSMC logs record quarterly profit, sees hefty revenue growth in early 2025
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for 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 ...
TSMC chip production in Phoenix ahead of schedule as company posts $11.5B profit
Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter ...
TSMC Q4 Earnings: An Exceptional Report
TSMC's strong Q4 earnings, driven by AI demand and operational excellence, make it a high-quality investment. Click here to ...
TSMC's Fourth-Quarter Net Profit Likely Jumped 55% -- Earnings Preview
NET PROFIT: The Taiwanese chip maker is expected to post a 55% rise in quarterly net profit to 370.64 billion New Taiwan dollars, equivalent to US$11.24 billion, according to the consensus estimate of ...
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest ...
Taiwan Takes a Further Step in Production of AI Chips With Advanced New Plant
Taiwan has taken another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence with the inauguration of a new plant by Siliconware Precision ...