TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Company beat revenue and profit expectations in the fourth quarter on continued strong demand for AI chips.
TSMC Q4 Profit Set for Big Leap on Strong Demand for AI Chips
TSMC is set to report a net profit of T$377.95 billion ($11.44 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate.
TSMC Q4 profit beats expectations on robust AI demand
TSMC's (TW: 2330) (NYSE: TSM) net income surged 57% to T$374.68 billion ($11.60 billion) in the three months to Dec 31, the company said in a statement. The figure was higher than Bloomberg estimates of T$369.84 billion.
TSMC Earnings Are Coming. AI Chip Demand and U.S. Export Curbs Are in Focus.
Taiwan Semiconductor Manufacturing is set to report a surge in quarterly profit on the back of demand for artificial-intelligence hardware. However, proposed U.S. restrictions on exports of chips could cast a shadow over its December quarter results.
TSMC's Q4 profit rises 57% to a record, in line with forecast
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.
TSMC Drives Record Investment Into US, Japan in China Decoupling
Taiwan’s companies invested a record amount of money in the US and Japan last year while the figure for China stagnated — ...
TSMC Ended 2024 Strong With Another Record Quarter
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
Digi Times4h
US tightens chip export regulations to prevent advanced semiconductor sales to China, impacting TSMC
The US has introduced new regulations to prevent advanced chips from reaching China. This move aims to tighten restrictions ...
EUA vão exigir que TSMC e Samsung limitem envio de chips à China
Os EUA planejam anunciar mais regulamentações com o objetivo de impedir que chips avançados produzidos pela Taiwan ...
Samsung, TSMC get pulled into Biden administration's efforts to cut chip access to China: Report
The US is determined to close loopholes that allow Chinese entities, including Huawei, to acquire advanced chips. The new ...
Digi Times5h
Samsung targets Chinese foundry market as TSMC pulls back
With TSMC maintaining caution toward Chinese AI chip clients amid US-China tensions, industry observers suggest Chinese ...
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 ...
TSMC ends contract with Singapore-based company over alleged Huawei ties
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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 ...