TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom
2 days ago · What Bloomberg Intelligence Says. TSMC’s 57%-plus gross-margin guidance for 4Q (vs. consensus’ 54.7%) — coupled with the fast ramp-up of N3-node revenue — indicates still-strong demand for ...
TSMC set to report strong profit driven by AI boom | Reuters
2 days ago · TSMC is set to report a net profit of T$300.1 billion ($9.33 billion) for the quarter ended Sept. 30, according to an LSEG SmartEstimate drawn from 23 analysts. SmartEstimates give greater ...
TSMC beats forecasts with 54% surge in profits on soaring AI …
2 days ago · 2330. -0.96%. Taiwan Semiconductor Manufacturing Co. on Thursday beat analysts’ expectations in posting a sharp increase in its profits on surging artificial intelligence related demand. The ...
TSMC Q3 profit rises 54%, better than forecasts | Reuters
2 days ago · TAIPEI, Oct 17 (Reuters) - Taiwanese chipmaker TSMC (2330.TW) posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging ...
AI Boom Is Real—and Really Profitable—Says Chip Maker TSMC
1 day ago · TSMC’s revenue rose 39% for the third quarter. Photo: David Paul Morris/Bloomberg News. The world’s largest contract chip maker reassured investors that the artificial-intelligence boom is ...
Taiwan's TSMC Posts Sharp Rise In Third Quarter Net Profit
2 days ago · TSMC -- which is listed in Taipei and New York -- said net profit in the three months to September hit NT$325.26 billion (US$10.1 billion), up 54.2 percent from the same period last year. Revenues ...
TSMC posts forecast-beating profit amid soaring demand for AI …
2 days ago · Taiwan Semiconductor Manufacturing Company has announced a forecast-busting quarterly profit amid surging demand for chips used to power artificial intelligence. TSMC, the world’s largest ...
TSMC Reports Third Quarter EPS of NT$12.54
2 days ago · HSINCHU, Taiwan, R.O.C., Oct. 17, 2024 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$759.69 billion, net income of NT$325.26 billion, and diluted earnings per share of NT$12.54 (US$1.94 per ADR unit) for the third quarter ended September 30, 2024. Year-over-year, third quarter revenue increased 39.0% while net income and diluted EPS both increased 54.2%.
TSMC third-quarter profit seen jumping 40% on strong AI chip …
5 days ago · TSMC is spending billions building new factories overseas, including $65 billion on three plants in the U.S. state of Arizona, though it says most manufacturing will remain in Taiwan.
TSMC’s Profit Beats Estimates During an AI Chip Boom
2 days ago · Taiwan Semiconductor Manufacturing Co. posted a better-than-projected 54% rise in quarterly earnings after strong sales of Nvidia Corp. AI chips offset a sagging mobile industry.