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 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 when profits surged 57%.
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.
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 Q4 profit leaps to record on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing. The world's largest contract chipmaker,
TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
U.S. Chip Stocks Rise in Premarket After TSMC Points to Strong AI Demand
Major U.S. semiconductor stocks were rising in Thursday's premarket after Taiwan Semiconductor Manufacturing Co. forecast robust sales growth this year on strong artificial-intelligence demand. Nvidia shares were up 2.
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TSMC's Arizona Fab 21 mass produces 4nm chips at a higher price than Taiwan
TSMC on Thursday officially confirmed that its Fab 21 near Phoenix, Arizona, had begun high volume production of chips after ...
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TSMC plans to have 1.6nm chips in 'volume production' by 2026
TSMC's N2 (2nm) process node is "well on track" for volume production in the second half of 2025, as scheduled, Wei said.
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TSMC Almost Ready to Produce Apple’s First ‘Made in America’ Chips
Taiwan Semiconductor Manufacturing Company (TSMC) first announced its plans to build an “advanced semiconductor manufacturing ...
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TSMC Net Profit Hits High Record
Taiwan Semiconductor Manufacturing Company’s fourth-quarter sales and profit exceeded forecasts as the demand for cutting-edge semiconductors used in artificial intelligence applications continues 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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Chip giants introduce new products at CES, with TSMC emerging as biggest beneficiary
The newly launched products at the ongoing CES 2025, including Nvidia's RTX 50 series, autonomous and robotic chips, together ...
ASML vs. TSMC: What's the Better AI Buy in 2025?
The run-up in artificial intelligence (AI) stocks has attracted numerous investors into the sector. Amid that focus, ...
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TSMC CEO not attending Trump inauguration amidst heightened tensions
TSMC will not donate to the Trump inauguration ceremony nor will it send anyone to attend because the company says it wants ...
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TSMC Can’t Be Caught Or Bought, Only Sought Or Stolen
It is not hard to figure out who is in the catbird seat in the semiconductor foundry business. In 2024, according to CC Wei, ...
TSMC's next-gen 2nm silicon is reportedly on track for later this year but don't expect chips for PCs until 2027 and beyond
But it seems Taiwanese megfab TSMC is determined to crank out new silicon regardless. The latest reports claim TSMC's ...