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 Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
TSMC Outperforms with 57% EPS Growth
Taiwan Semiconductor Manufacturing reported strong earnings in the fourth quarter of 2024, surpassing both analyst and ...
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TSMC chip production in Phoenix ahead of schedule as company posts $11.5B profit
The semiconductor technology now being used by TSMC in Phoenix is the most sophisticated on U.S. soil. The company considers microscopic semiconductors of seven nanometers or smaller to be its most ...
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
US blacklists Chinese companies over TSMC chips in Huawei processor
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including ...
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TSMC CEO opts out of Trump inauguration, stays low-key unlike other tech leaders
The CEO of Taiwan Semiconductor Manufacturing Co. (TSMC) will miss President-elect Donald Trump's inauguration.
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
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Samsung Takes on TSMC in Texas — 2nm Chips Set To Roll Out by 2026
Samsung is set to go head-to-head with TSMC in the U.S. as it gears up to start production on new 2nm and 3nm chips by ...