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Taiwan's TSMC Says Net Profit Rose 57% In 4th Quarter
TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
Taiwan's TSMC Says Net Profit Rose 57% In Fourth Quarter
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
TSMC, Q4
TSMC Q4 Earnings: An Exceptional Report
TSMC's strong Q4 earnings, driven by AI demand and operational excellence, make it a high-quality investment. Click here to find out why I rate TSM stock a Buy.
TSMC: Q4 Earnings Snapshot
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share.
TSMC reports Q4 EPS $2.24, consensus $2.08
Reports Q4 revenue $26.88B, up 37% year-over-year. In the fourth quarter, shipments of 3-nanometer accounted for 26% of total wafer revenue;
10h
on MSN
TSMC is the 'only game in town' for AI chips: Analyst
Myron Xie of SemiAnalysis shares his bullish view on TSMC, after the AI chipmaker posted record Q4 profits. Here's how Chiefs ...
1d
on MSN
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" ...
2h
on MSN
Top analyst reveals the best AI chip stock to buy in 2025—and it’s not Nvidia
Myron Xie says TSM stock is the only game in town for AI chips. Nvidia and hyperscalers building their own chips rely heavily ...
1d
Heard on the Street: TSMC Is Your AI Value Play
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for ...
1d
on MSN
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 ...
1d
TSMC logs record quarterly profit, sees hefty revenue growth in early 2025
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in ...
1d
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
22h
TSMC: Being Caught In The Crossfire Never Looked So Good -- Reiterating Buy
TSMC stock is expected to outperform in the semiconductor market this year, despite geopolitical chip tensions. Click for our ...
22h
TSMC shares jump 5% after Nvidia supplier posts record profits
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
1d
TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending
Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, ...
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