TSMC Posts Record Profit as AI Boom Continues — Update

Oct 17, 2024 · TSMC Posts Record Profit as AI Boom Continues — Update ... TSMC could continue to post a revenue compound annual growth rate of 15%-20% over the next five …

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TSMC Posts Record Profit As AI Boom Continues — Update

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Oct 17, 2024 · TSMC Posts Record Profit as AI Boom Continues — Update ... TSMC could continue to post a revenue compound annual growth rate of 15%-20% over the next five …

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TSMC Posts Record Profit As AI Boom Continues -- Update

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Oct 17, 2024 · TSMC could continue to post a revenue compound annual growth rate of 15%-20% over the next five years, driven by both AI chip demand from Nvidia and the outsourcing …

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TSMC Posts Record Monthly Revenue, Powered By AI Boom

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Nov 8, 2024 · The Taiwanese company guided for fourth-quarter revenue of US$26.1 billion to US$26.9 billion, with an expected gross profit margin of between 57% and 59%. Write to …

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TSMC Profits Jump 54% On Back Of AI Chip Boom - Financial Times

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Oct 17, 2024 · TSMC profits jump 54% on back of AI chip boom on whatsapp (opens in a new window) ... “While ASML delivered a negative update, TSMC continues to go from strength to …

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TSMC Posts Record Quarterly Profit Amid AI Boom - Morningstar

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Oct 17, 2024 · Taiwan Semiconductor Manufacturing Co. maintained its growth momentum in the third quarter, with net profit jumping 54% to a record despite concerns about the sustainability …

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Live News: TSMC Profits Jump 54% As AI Boom Accelerates

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Oct 16, 2024 · 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 artificial intelligence …

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TSMC Posts Record Quarterly Profit Amid AI Boom - MSN

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Taiwan Semiconductor Manufacturing Co. maintained its growth momentum in the third quarter, with net profit jumping 54% to a record despite concerns about the sustainability of the artificial ...

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TSMC Becomes $1 Trillion Company Thanks To ‘Insane’ AI …

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Oct 17, 2024 · 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, …

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AI Chip Boom Drives TSMC’s Q3 Profits To Record $9.27 Billion

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Oct 14, 2024 · TSMC’s profit surge with AI chip demand TSMC is set to report a net profit of T$298.2 billion ($9.27 billion) for the quarter ended September 30, according to a LSEG …

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TSMC Third-quarter Profit Seen Jumping 40% On Strong AI Chip …

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Oct 14, 2024 · The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock soaring 77% so far this year, compared with a 28% …

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TSMC To Announce Record Surge In Q2 Profits Driven By AI Boom

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Jul 15, 2024 · The AI boom has helped drive up the price of shares in Asia’s most valuable company, with TSMC’s Taipei-listed stock leaping 75% so far this year to historic highs, …

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Taiwan Semiconductor Manufacturing Co Ltd ADR TSM

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Nov 7, 2024 · TSMC beats forecasts with 54% surge in profits on soaring AI demand MarketWatch Oct 17, 2024 8:03am TSMC Posts Record Profit as AI Boom Continues — Update

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FAQs about TSMC Posts Record Profit as AI Boom Continues — Update Coupon?

How has AI impacted TSMC's revenue?

This increase from high tech companies working in fields including AI offset a 16% slump in revenue from smartphone makers, who in accounting for 38% of TSMC’s revenue in the first quarter, count as the company’s second largest source of revenue. ...

Does TSMC have a strong demand for AI?

“We continue to observe extremely robust AI-related demand,” CC Wei, chair and chief executive, told investors on Thursday, adding that TSMC expected revenue to grow nearly 30 per cent this year. ...

Is Taiwan Semiconductor Manufacturing (TSMC) riding the AI boom?

The company is currently riding the AI boom. Semiconductors, such as those designed by Nvidia, have been underpinning the development of AI applications. Taiwan Semiconductor Manufacturing Co. (TSMC), posted a surge in monthly revenue in March, as it cashed in on a continuing artificial intelligence boom powered by high-end chips. ...

Will TSMC make a profit from AI?

The world's largest contract chipmaker, whose customers include Apple (AAPL.O) and Nvidia (NVDA.O), has benefited from the surge towards AI. 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. ...

How has AI impacted TSMC stock?

The AI boom has helped drive up TSMC shares, with its Taipei-listed stock leaping 75 per cent so far this year, compared with a 28-per-cent gain for the broader market, giving the company a market capitalization of around US$840-billion. ...

Why are TSMC shares up 40% this year?

TSMC shares are up just under 40% this year to date, as investors bet on the continued demand for AI chips. In January, the company said that its AI revenue is growing 50% on an annual basis. Analysts expect TSMC to post a 23.7% rise in total revenue this year, according to LSEG consensus estimates, after a decline in 2023. ...