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.
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 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 contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence 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 Record Profit Growth In Q4 On Surging AI Demand
Taiwan Semiconductor Manufacturing Company reported fourth-quarter revenue and net income, exceeding estimates. Revenue jumped over 38%, while profit rose 57% year-over-year to record highs, driven by surging demand for AI and 5G chips.
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" ...
TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing is set to report a surge in quarterly profit on the back of demand for ...
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 ...
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Heard on the Street: TSMC Is Your AI Value Play
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TSMC’s Strategic Expansion and Robust AI Growth Drive Buy Rating
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Taiwan Semiconductor Manufacturing Company's SWOT analysis: stock soars on AI boom
Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading semiconductor foundry, has been riding a wave of growth driven by artificial intelligence (AI) and advanced technology nodes. As ...