TSMC's Record Sales Surge: What's Behind the Sudden Spike?

May 10, 2024 · The world's largest contract chipmaker, TSMC, saw a 60% surge in sales due to demand for AI and recovery in consumer electronics. It's also launching new chip technology …

CouponFollow Extension

60%
OFF

TSMC's Record Sales Surge: What's Behind The Sudden Spike?

1 week from now

May 10, 2024 · The world's largest contract chipmaker, TSMC, saw a 60% surge in sales due to demand for AI and recovery in consumer electronics. It's also launching new chip technology …

benzinga.com

60%
OFF

TSMC's Record Sales Surge: What's Behind The Sudden Spike? - AOL

1 week from now

May 10, 2024 · Taiwan Semiconductor Manufacturing Co (NYSE:TSM) experienced a 60% surge in April sales to 236 billion New Taiwan dollars ($7.3 billion), driven by ongoing demand for …

aol.com

60%
OFF

TSMC's Record Sales Surge: What's Behind The Sudden Spike?

1 week from now

May 10, 2024 · Taiwan Semiconductor Manufacturing Co TSM experienced a 60% surge in April sales to 236 billion New Taiwan dollars ($7.3 billion), driven by ongoing demand for artificial …

tradingview.com

70%
OFF

TSMC Shares Reach Record High After AI Boom Brightens Forecast

1 week from now

Oct 17, 2024 · TSMC’s shares have surged more than 70% this year, outpacing many of Asia’s biggest tech firms in a reflection of strong sales of the Nvidia chips vital to artificial intelligence …

yahoo.com

54%
OFF

TSMC Beats Forecasts With 54% Surge In Profits On Soaring AI …

1 week from now

Oct 17, 2024 · A security staff walks past a TSMC logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. TSMC reported a 54% increase in its net income. Photo: sam yeh/Agence …

marketwatch.com

16%
OFF

TSMC’s Sales Surge Most Since 2022 After Riding AI Chip Boom

1 week from now

Apr 10, 2024 · The main chipmaker to Nvidia Corp. and Apple Inc. reported a better-than-expected 16% rise in March-quarter sales to about NT$592.6 billion ($18.5 billion), versus the …

yahoo.com

12%
OFF

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

1 week from now

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, …

forbes.com

5%
OFF

Chipmaker TSMC Posts Sharpest Increase In Sales Since

1 week from now

Apr 10, 2024 · TSMC, which supplies semiconductors to top companies including Apple and Nvidia, posted a 16.5% increase in its first quarter sales to NT$ 592.64 billion ($18.54 billion), …

morningstar.com

60%
OFF

TSMC's Record Sales Surge: What's Behind The Sudden Spike?

1 week from now

May 10, 2024 · Taiwan Semiconductor Manufacturing Co (NYSE:TSM) experienced a 60% surge in April sales to 236 billion New Taiwan dollars ($7.3 billion), driven by ongoing demand for …

capedge.com

40%
OFF

TSMC Outstrips Forecasts In Posting 40% Surge In Second Quarter …

1 week from now

Jul 10, 2024 · This saw TSMC generate NT$ 673.51 billion in revenue across the entire second quarter, in what marks a 40% increase on the NT$ 480.84 billion it generated in the second …

morningstar.com

30%
OFF

TSMC Sales Surge 30% Thanks To AI Boom And Chips Demand

1 week from now

Jun 7, 2024 · The AI boom sent TSMC's sales surging 30% The chipmaker's net revenue for May grew to $7.1 billion. By. Britney Nguyen. Published June 7, 2024. We may earn a commission …

qz.com

0%
OFF

TSMC's First-Quarter Profit Gains On Booming Demand For AI …

1 week from now

Apr 18, 2024 · TSMC's operating profit margin reached 42.0% in the first quarter, down 3.5 percentage points from a year earlier. ... and from the sudden surge in demand from …

morningstar.com

2%
OFF

TSMC Shares Hit Record High As AI Demand Boosts Chip Industry

1 week from now

Jun 6, 2024 · The gains follow a rally by shares of Nvidia, a major customer of TSMC's, on Wall Street overnight. Shares of the AI chip maker also hit a record high, rising 5.2% to …

morningstar.com

37%
OFF

TSMC Sees Q2 Sales Surge; Says Chip Capacity To Stay Tight This Year

1 week from now

Apr 14, 2022 · Taiwan's TSMC forecast an up to 37% jump in current-quarter sales and said it expects chip capacity to remain very tight this year, amid a global crunch that has kept order …

reuters.com

FAQs about TSMC's Record Sales Surge: What's Behind the Sudden Spike? Coupon?

What's behind TSMC's record sales surge?

TSMC's Record Sales Surge: What's Behind the Sudden Spike? Taiwan Semiconductor Manufacturing Co (NYSE: TSM) experienced a 60% surge in April sales to 236 billion New Taiwan dollars ($7.3 billion), driven by ongoing demand for artificial intelligence and signs of recovery in consumer electronics. ...

Why did TSMC share a record high in April?

The company’s shares reached a record high in April, as it continues to benefit from the rise of AI technology. It is the exclusive producer of Nvidia’s most advanced training chips. In April, TSMC shared plans to initiate production of its new “A16” chip manufacturing technology in the second half of 2026. ...

Why is TSMC riding high?

Semiconductor giant TSMC is riding high after a 16% sales boost and $6 billion grant. Its unique model is what brought it to market dominance TSMC founder Morris Chang built the world's largest semiconductor foundry, and sales are booming as AI generates a surge in demand for chips. Taiwanese semiconductor manufacturer TSMC is riding high. ...

Why did TSMC's smartphone revenue rise 1%?

Revenue from TSMC's smartphone business, which sells to Apple, ticked up 1% from the previous quarter in a typically soft season for the product. Apple is planning to lower iPhone and AirPod production due to a demand slowdown caused by the Ukraine crisis and rising inflation, according to media reports. read more ...

How did TSMC stock perform in the last 12 months?

TSMC stock gained over 68% in the last 12 months. Investors can gain exposure to the stock via VanEck Semiconductor ETF (NASDAQ: SMH) and IShares Semiconductor ETF (NASDAQ: SOXX). Price Action: TSM shares were trading higher by 2.98% at $147.02 premarket at the last check on Friday. ...

Why does TSMC make 92% of the world's advanced chips?

The reason TSMC makes some 92% of the world’s advanced chips is that it’s one of the only firms that can. Unlike other companies that handle chip production from design to sale, TSMC functions only as a manufacturer (also known as a foundry, or fab). ...