TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
2 days ago · Expects Q4 revenue of $26.1 bln-$26.9 bln. Sees 2024 capex at slightly higher than $30 bln. Q3 profit is a record T$325.3 bln (market forecast T$300.2 bln) Q3 revenue jumps, beats market ...
TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …
1 day ago · New York-listed shares of TSMC shot up 12% to an all-time high of $209 after the company comfortably beat consensus analyst forecasts for third-quarter profit and sales, sending its market value ...
TSMC Shares Reach Record High After AI Boom Brightens Forecast
2 days ago · On Thursday, TSMC reported a better-than-projected 54% rise in September-quarter net profit to NT$325.3 billion ($10.1 billion). And it expects revenue of $26.1 billion to $26.9 billion in the ...
Nvidia hits record high as chip stocks rally on TSMC's rosy AI …
1 day ago · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. ... Reuters, the news and media division of ...
TSMC Q3 earnings: Profit beats expectations as AI boom drives …
2 days ago · Key Points. TSMC’s net income was 325.3 billion New Taiwan dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of NT$300.2 billion. Net revenue came in at $23.5 ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
2 days ago · TSMC, Asia's most valuable publicly listed company, said third-quarter revenue rose 36% year-on-year to $23.5 billion, better than the company's previous forecast of $22.4 billion to $23.2 billion ...
TSMC third-quarter profit seen jumping 40% on strong AI chip …
5 days ago · TSMC is set to report a net profit of T$298.2 billion ($9.27 billion) for the quarter ended Sept. 30, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater ...
TSMC Reports Third Quarter EPS of NT$12.54
2 days ago · Latest News; TSMC Reports Third Quarter EPS of NT$12.54 Latest News. TSMC Reports Third Quarter EPS of NT$12.54. Issued by: TSMC. ... “ Our business in the third quarter was supported by strong smartphone and AI-related demand for our industry-leading 3nm and 5nm technologies,” said Wendell Huang, Senior VP and Chief Financial Officer of ...
Live news: TSMC profits jump 54% as AI boom accelerates
3 days ago · TSMC profits jump 54% as AI boom accelerates. Taiwan Semiconductor Manufacturing Co reported a 54 per cent jump in net profit for the third quarter on Thursday as a chip boom driven by demand for ...
TSMC's AI-driven boom has 'no end in sight', analysts say
1 day ago · TSMC’s U.S.-listed shares jumped 9% in Thursday morning trading following the earnings report. Huang had previously said that the company expected smartphone- and AI-related demand to drive ...
- Some results have been removed