TSMC reports 9% increase in first quarter profit on strong AI chip ...

Apr 18, 2024  · TSMC, Asia's most valuable listed company, said first-quarter revenue rose 13 per cent year-on-year to $18.87 billion, better than the company's previous forecast of $18 billion …


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TSMC Reports 9% Increase In First Quarter Profit On Strong AI Chip ...

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Apr 18, 2024  · TSMC, Asia's most valuable listed company, said first-quarter revenue rose 13 per cent year-on-year to $18.87 billion, better than the company's previous forecast of $18 billion …

business-standard.com

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TSMC Beats First-quarter Revenue And Profit Expectations On …

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Here are TSMC's first-quarter results versus LSEG consensus estimates: TSMC reported net revenue rose 16.5% from a year ago to NT$592.64 billion, while net income increased 8.9% …

msn.com

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TSMC Posts Rise In Profit, Expects Q2 Sales To Jump On 'insatiable' …

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Apr 18, 2024  · TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier. TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% …

yahoo.com

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TSMC Posts 9% Profit Rise Amid 'Insatiable' AI Chip Demand - Asia …

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Apr 18, 2024  · The world’s largest chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC), posted a 9% rise in net profit on Thursday, and has forecast a jump of up to 30% in second …

asiafinancial.com

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TSMC Expects Q2 Sales To Jump On 'insatiable' AI Demand

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Apr 18, 2024  · Sees Q2 revenue at $19.6-$20.4 bln vs $15.68 bln year earlier; Forecasts 2024 revenue to rise in low- to mid-20% range in USD; TSMC Q1 net profit rises 9%, beats forecasts

reuters.com

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TSMC First-quarter Profit Expected To Rise 5% On Strong AI Chip …

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Apr 16, 2024  · That compares to the first-quarter net profit of T$206.9 billion last year. TSMC last week reported a 16.5% rise in first-quarter revenue , beating market expectations and at the …

reuters.com

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TSMC First-quarter Profit Expected To Rise 5% On Strong AI Chip …

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Apr 16, 2024  · TSMC is set to report a net profit of T$217.2 billion ($6.71 billion) for the quarter ended March 31, according to an LSEG SmartEstimate drawn from 22 analysts. News Today's …

yahoo.com

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TSMC Expects Q2 Sales To Jump On 'Insatiable' AI Demand - U.S.

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Apr 17, 2024  · Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023. TSMC's Taipei-listed shares have surged 36% …

usnews.com

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TSMC Set To Report 5% Rise In First-quarter Profit On Strong AI Chip …

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Apr 18, 2024  · That compares to the first-quarter net profit of T$206.9 billion last year. TSMC last week reported a 16.5% rise in first-quarter revenue, beating market expectations and at the …

yahoo.com

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

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Oct 14, 2024  · 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 …

reuters.com

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TSMC Set To Report 5% Rise In First-quarter Profit On Strong AI Chip ...

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Apr 18, 2024  · That compares to the first-quarter net profit of T$206.9 billion last year. TSMC last week reported a 16.5% rise in first-quarter revenue, beating market expectations and at the …

indiatimes.com

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TSMC Reports Strong Q3 Profit, Driven By AI Demand And 3nm …

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Oct 17, 2024  · TSMC reported a net profit \ of T$325.26 billion ($10.1 billion) for the quarter ending September 30, surpassing Reuters' estimate of T$300.2 billion. Revenue reached …

econotimes.com

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TSMC Set To Report 40% Profit Surge In Q3 Amid Soaring AI Chip …

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Oct 14, 2024  · Credit: EconoTimes. Taiwan Semiconductor Manufacturing Co. (TSMC) is projected to announce a 40% profit boost for Q3, fueled by robust demand for AI chips. …

econotimes.com

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How High Could TSMC Stock Go? - Financhill

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The highest forecast has TSMC shares leaping by 37.9% to $260 per share over the next 12 months. The average price target is $236.99, which would be a 25.7% increase from where …

financhill.com

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TSMC Set To Report 5% Rise In First Quarter Profit On Strong AI Chip …

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Apr 18, 2024  · That compares to the first-quarter net profit of T$206.9 billion last year. TSMC last week reported a 16.5 per cent rise in first-quarter revenue, beating market expectations and at …

scmp.com

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Strong AI Chip Sales Push TSMC To Record Q3 Profit - MSN

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Follow us for more updates on TSMC’s profit. Strong AI Chip Sales Push TSMC to Record Q3 Profit. Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to post a 40% jump in …

msn.com

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TSMC Q3 Earnings: Profit Beats Expectations As AI Boom Drives …

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Oct 17, 2024  · 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. …

cnbc.com

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US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC

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1 day ago  · Photo: Reuters/Ann Wang. The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, …

thedailystar.net

FAQs about TSMC reports 9% increase in first quarter profit on strong AI chip ... Coupon?

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. ...

Why did TSMC beat revenue and profit expectations in the first quarter?

TSMC beats revenue and profit expectations in the first quarter on strong AI chip demand. TSMC is the world's largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients. A strong demand for AI chips is being led by the proliferation of large language models such as ChatGPT and Chinese clones. ...

How has AI helped TSMC's stock rise?

The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high. ...

Did TSMC raise its full-year revenue forecast?

On its last earnings call in July, TSMC raised its full-year revenue forecast and adjusted its capital expenditure plans for this year to between $30 billion and $32 billion, compared with a previous forecast of $28 billion to $32 billion. ...

How did Taiwan Semiconductor Manufacturing (TSMC) perform in the first quarter?

(Photo by Amber Wang / AFP) © Provided by CNBC Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued strong demand for advanced chips, particularly those used in AI applications. Here are TSMC's first-quarter results versus LSEG consensus estimates: ...

What is TSMC's third-quarter net profit?

That estimate compares to the 2023 third-quarter net profit of T$211 billion. TSMC last week reported a jump in third-quarter revenue as reported in Taiwan dollars, comfortably beating market expectations. The company gives its revenue outlook in U.S. dollars at its earnings conference. ...

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