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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.
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.
7h
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 ...
21h
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 ...
6h
on MSN
9 of the 10 Largest Companies in the World Are Making Big Moves Into AI. Here's Why Investors Should Pay Attention.
Artificial intelligence (AI) is driving the highest gains in the market, and several of the largest companies in the world ...
17h
on MSN
Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based ...
8h
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, ...
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 ...
3d
How the new AI chip rule from the US will work
To control global access to AI, the US is expanding restrictions on advanced GPUs needed to build the clusters used to train ...
2h
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 ...
28m
on MSN
Can the AI boom save NY’s ailing commercial properties?
President-elect Donald Trump and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than ...
4h
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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