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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 fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
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 Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% 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 (AI) demand.
3h
on MSN
2 Artificial Intelligence (AI) Stocks With Seemingly Impenetrable Moats That Can Have Their Palantir Moment in 2025
Artificial intelligence (AI) is already transforming many industries, but not all tech companies will benefit equally. The ...
1d
on MSN
The first AI chip startup to go public in 2025 will be Blaize
The rise of Nvidia has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel ...
14h
AI Mogul Chen Tianshi Amasses $10 Billion Fortune As Shares Soar 500%
Chen Tianshi, cofounder of Chinese chip company Cambricon Technologies, saw his net worth soar to $10 billion after the ...
4d
on MSN
2 AI Chip Stocks That Could Soar in 2025
Despite sizable gains for top chip stocks in 2024, here are two that still trade at reasonable valuations that could support ...
19h
on MSN
US blacklists Chinese AI developer and co that ordered TSMC chip found in Huawei processor
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including ...
6h
AI Chip Stocks Gain Momentum On Taiwan Semiconductor Performance; Biden's Semiconductor Sanctions Kick In
AI chip stocks rally on news of Taiwan Semiconductor's upbeat quarterly report and new US regulations on chip exports to ...
4d
on MSN
3 AI Chip Stocks to Consider Buying in 2025
(AI), as the latest advances involving generative AI made their way into mainstream usage and AI-associated stocks helped ...
5h
AMD’s Novel Ryzen AI Max Chip For Copilot+ PCs Was A CES Showstopper
This chip cojoins existing AMD CPU and GPU architectures, along with a high speed memory interface, in an unprecedented way, ...
2d
on MSN
Why Biden Is Rushing to Restrict AI Chip Exports
D.C. and Silicon Valley reassessing timetables for artificial general intelligence—and where China stands in that race ...
1h
AI watch: As his presidency winds down, Joe Biden aims to preserve the US lead over China
President Joe Biden’s final days in office were all about cementing the United States’ well established lead over China in ...
1h
on MSN
Synopsys, Inc. (SNPS): Driving AI Innovation with Advanced Chip Design and 3D-IC Technologies
We recently compiled a list of the 20 Best Artificial Intelligence (AI) Stocks to Buy According to Analysts. In this article, ...
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