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TSMC net profit hits record high
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 Stock Jumps. The Nvidia Supplier’s Earnings Are Boosting Other Chip Stocks Too.
Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.
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.
23h
Nvidia transitions to advanced CoWoS-L chip packaging, signaling a major shift for TSMC
Speaking on the sidelines of an event hosted by chip supplier Siliconware Precision Industries in Taichung, Taiwan, Huang ...
5d
Why Nvidia, Micron and TSMC stocks are sinking right now
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...
The Taipei Times
22h
TSMC and Nvidia team up on silicon photonics, CEO Jensen Huang says
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and US-based artificial intelligence (AI) chip designer Nvidia Corp have ...
1d
on MSN
Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend ...
1d
on MSN
Top analyst reveals the best AI chip stock to buy in 2025—and it’s not Nvidia
Myron Xie says TSM stock is the only game in town for AI chips. Nvidia and hyperscalers building their own chips rely heavily ...
2d
on MSN
Nvidia CEO Huang confirms TSMC advanced packaging needs are shifting: report
Nvidia CEO Jensen Huang confirms changes in advanced packaging needs at TSMC, opting for CoWoS-L over CoWoS-S for upcoming ...
Digi Times
2d
TSMC and Nvidia confirm no order cuts; continue to thrive in AI boom
TSMC CEO C.C. Wei has dismissed recent market speculation indicating Nvidia is cutting back its demand for ...
TweakTown
1d
NVIDIA ordering more CoWoS-L advanced packaging from TSMC: ready for more Blackwell AI GPUs
NVIDIA's demand for advanced packaging from TSMC, but the tech it needs is changing: Jensen Huang says NVIDIA will transition ...
3d
on MSN
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" ...
3d
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Taiwan Semiconductor Manufacturing has outperformed 2024 expectations by wide margins. Check out 3 reasons to buy TSM stock.
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