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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" for its advanced chips.
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
Taiwanese Chipmaker TSMC Posts 57% Surge in Profit Thanks to the AI Boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
TSMC Reports Strong Q4 Profit Amid AI-Driven Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a stronger-than-expected Q4 profit, fueled by rising demand for AI-driven advanced chips. The worlds largest contract chipmaker recorded a 57% jump in net income,
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.
6d
on MSN
Is Intel Ready for an AI Comeback in 2025?
Falcon Shores is expected to launch by the end of 2025, although there are no guarantees given Intel's current turmoil. Gaudi ...
10h
on MSN
A look at TSMC's 2024 performance as it sets the AI tone for 2025 with robust guidance
Taiwan Semiconductor Manufacturing (NYSE:TSM) on Thursday said it expects products for artificial intelligence (AI) ...
4d
on MSN
Apple joins consortium to help develop next-gen AI data center tech
Apple has joined a consortium, the Ultra Accelerator Link Consortium, developing next-gen technology to link together chips ...
2d
on MSN
Synopsys, Inc. (SNPS): Driving AI Innovation with Advanced Chip Design and 3D-IC Technologies
We recently compiled a list of the 20 Best Artificial Intelligence (AI) Stocks to Buy According to Analysts. In this article, ...
Digi Times
2d
Tighter US regulations on 16/14nm impact Chinese AI firms amid uncertainties in networking and automotive sectors
The US has introduced stricter export controls on chips with 30 billion transistors at 16/14nm nodes to limit Chinese access ...
5d
US Announces New Restrictions On AI Chip Exports
The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it ...
5d
TSMC Cuts Supplier After Chip Found in Huawei's Sanctioned AI Accelerator
TSMC told Reuters that it has not delivered chips to Huawei since the sanctions went into effect and that it strictly adheres ...
Datacenter Dynamics
3d
AI chip startup Blaize goes public via SPAC merger
AI chip startup Blaize has gone public on the Nasdaq in a SPAC deal. The company this week merged with BurTech Acquisition ...
2d
4 bold AI predictions for 2025
Enterprises can prepare for AI becoming faster, cheaper and more capable in 2025, and take the lead on developing applications.
4d
AI chip startup Blaize goes public via $1.2B SPAC merger
The SPAC that merged with Blaize is called BurTech Acquisition Corp. It’s owned by the single-family office Burkhan World ...
1d
on MSN
Taiwan Semiconductor Manufacturing Stock Pops on Strong Artificial Intelligence (AI) Revenue Growth Guidance. Is TSM Stock a Buy?
Taiwan Semiconductor Manufacturing Stock Pops on Strong Artificial Intelligence (AI) Revenue Growth Guidance. Is TSM Stock a Buy?
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