TSMC second-quarter profit beats expectations as AI chip boom

TSMC on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge.


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TSMC Second-quarter Profit Seen Jumping 30% On Surging AI Chip …

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Jul 15, 2024  · TSMC is set to report a net profit of T$236.1 billion ($7.25 billion) for the quarter ended June 30, according to a LSEG SmartEstimate drawn from 20 analysts. SmartEstimates …

reuters.com

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TSMC Second-quarter Profit Seen Jumping 30% On Surging AI Chip …

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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, …

yahoo.com

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TSMC Raises Outlook As Profit Beats Estimates On Surging Chip …

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Jul 18, 2024  · The world’s largest contract chip maker said Thursday that its second-quarter net profit rose 36% from a year earlier to 247.85 billion New Taiwan dollars (US$7.61 billion).

wsj.com

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TSMC Q2 Revenue Jumps On AI Boost, Handily Beats Market Forecasts

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Jul 10, 2024  · TSMC Q2 revenue T$673.51 billion, beating market forecasts. AI boom fuels surge in demand for TSMC-made chips. TSMC's stock at historic high. TSMC reports Q2 earnings …

reuters.com

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TSMC Second-quarter Profit Seen Jumping 30% On Surging AI Chip …

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Jul 15, 2024  · That estimate compares to the 2023 second-quarter net profit of T$181.8 billion. TSMC last week reported a jump in second-quarter revenue, comfortably beating market …

marketscreener.com

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TSMC Climbs As Q2 Profit Tops Estimates On AI Demand; Sees …

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Jul 18, 2024  · Third-quarter revenue is expected between $22.4 billion and $23.2 billion, CFO Wendell Huang said in a post-earnings call. Huang said TSMC's annual capital expenditure …

yahoo.com

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TSMC Profits Rise On AI Boom, But Company Lowers Industry

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Apr 18, 2024  · In a presentation, TSMC said it now expects to generate revenue worth $19.6 billion to $20.4 billion in the second quarter of 2024, in what would mark an 3.7-7.9% increase …

morningstar.com

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TSMC Bullish On Outlook As AI Boom Blows Q3 Profit Past Forecasts

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Oct 16, 2024  · The bellwether for the chip industry reported earlier on Thursday a net profit of T$325.3 billion ($10.11 billion) for the quarter ended Sept. 30, its highest for any quarter, …

reuters.com

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

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Oct 17, 2024  · The bullish guidance came as the Taiwan-based company reported a 54 per cent year-on-year jump in net profit to NT$325.3bn (US$10.1bn) for the third quarter, exceeding its …

ft.com

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Nvidia And Apple Supplier TSMC Shares Pop After Quarterly Profit …

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Oct 17, 2024  · TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

cnbc.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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