Wendell Huang, CFO of TSMC talks about the AI boom, how AI is helping TSMC's own operations and their international footprints.
Taiwan Semiconductor Manufacturing reported strong Q4 earnings, driven by surging demand for AI-optimized chips, signaling robust AI spending into 2025. Read more here.
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.
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for artificial intelligence chips has delivered a stellar quarter for Taiwan Semiconductor Manufacturing Co.
The company’s chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more than tripling last year
TSMC’s strong Q4 earnings and AI-driven growth indicate promising potential. Find out why TSM stock offers a compelling buy despite geopolitical risks.
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.
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.
The run-up in artificial intelligence (AI) stocks has attracted numerous investors into the sector. Amid that focus, investors may often forget the two stocks most responsible for manufacturing the hardware that makes AI possible: ASML (NASDAQ: ASML) and Taiwan Semiconductor (TSMC) (NYSE: TSM).
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.
TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.
TSMC reported net income of $11.6 billion in its fourth-quarter earnings Thursday. The company, which makes chips for Nvidia and Apple, is riding the AI boom. TSMC's CFO said its results were ...