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TSMC third-quarter profit seen jumping 40% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand.
TSMC Stock Price (TSM) hits new high, profit seen jumping on AI chip demand
Taiwan Semiconductor Manufacturing Company, TSMC, the world's leading semiconductor foundry, is expected to showcase a significant surge in net profits for the third quarter on 17th October. The TSMC
TSMC Set to Report 40% Profit Surge in Q3 Amid Soaring AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) is projected to announce a 40% profit boost for Q3, fueled by robust demand for AI chips. Serving major clients such as Apple and Nvidia, TSMCs advanced technologies
TSMC’s Q3 Profit Soars 40% After AI Chip Demand Surge
TSMC expects a 40% profit increase to around $9.27 billion, fueled by AI chip demand. The company's stock has risen 77% this year, with a $65 billion investment in new U.S. factories. Despite TSMC's early success in the AI chip segment, competitors like Intel and Samsung are struggling to keep pace.
TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand
Taiwan Semiconductor Manufacturing Co. posted a better-than-expected 39% rise in quarterly revenue, assuaging concerns that AI hardware spending is beginning to taper off.The main chipmaker to Nvidia Corp.
TSMC, the world’s largest chips producer grows Q3 profits by 40% as AI chip demand continues to soar
The Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 40% profit increase in the third quarter of 2024. The company’s impressive performance is due to an increased demand for its AI chips by companies like AMD,
Wall Street Anticipates a 40% Profit Surge for TSMC (NYSE:TSM) in Q3
TSMC ($TSM) is expected to announce its Q3 results on October 17, and Wall Street expectations are high. Analysts expect the producer of
Strong AI Chip Sales Push TSMC to Record Q3 Profit
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to post a 40% jump in third-quarter profit, driven by strong demand for its advanced chips used in artificial intelligence (AI) applications.
1d
on MSN
TSMC Plans More Chip Plants in Europe, Taiwan Official Says
Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for artificial ...
TweakTown
9h
TSMC's 3nm project list grows: AMD MI350 series, NVIDIA Rubin AI GPU, expected in 2H 2025
NVIDIA's new Blackwell B200, AMD's Instinct MI300, and Intel's Gaudi 3 AI chips use CoWoS advanced packaging, which is 3.3x ...
circuitdigest.com
1h
TSMC Set to Achieve 34% Q3 Revenue Growth Driven by Rising AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) is set to report a 34% revenue growth for the third quarter of 2024, fueled ...
Digi Times
7h
TSMC outlook and key client orders to garner focus at upcoming investor meeting
TSMC will hold an investor meeting on October 17 to review the company's business and market projections, as well as updates ...
16h
TSMC: The AI Train Isn't Slowing Down
TSM's strong Q3 performance signals a promising earnings report ahead, driven by robust AI demand and exceeding revenue ...
Fudzilla
3d
TSMC has a stonking quarter
The company's third-quarter earnings surpassed what the cocaine nose jobs of Wall Street predicted and its own guidance, ...
6d
on MSN
TSMC's third-quarter revenue easily beats market forecast
TSMC, the world's largest contract chipmaker, reported on Wednesday third-quarter revenue of T$759.69 billion ($23.62 billion ...
Sun City West Independent
3d
Amkor, TSMC sign agreement to bring chip packaging into Peoria
Amkor Technology and Taiwan Semiconductor Manufacturing Co. have signed a memorandum of understanding to collaborate and ...
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