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TSMC, Nvidia
TSMC Stock Surges After CEO Says AI Chip Demand Is Booming. It’s Good News for Nvidia.
Taiwan Semiconductor Manufacturing stock rose after the company posted a big jump in profit and sales for the third quarter, beating analysts’ estimates. It’s a sign of strong demand for artificial-intelligence chips.
Top Stock Movers Now: TSMC, Nvidia, Blackstone, Elevance Health, and More
Major U.S. indexes advanced at midday Thursday as a strong report on demand for artificial intelligence chips boosted the tech sector.
Stock Market Today: TSMC Earnings Boost Chip Stocks
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
TSMC, AI Boom
TSMC stock is soaring and its AI-driven boom has 'no end in sight,' analysts say
Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips.
TSMC Posts Record Profit as AI Boom Continues
The Taiwanese company guided for fourth-quarter revenue of US$26.1 billion to US$26.9 billion, with the gross profit margin expected between 57% and 59%.
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).
5h
on MSN
Nvidia’s stock pares gains, failing to clinch record close despite TSMC optimism
While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.
15h
on MSN
TSMC Stock Jumps on AI-Fueled Earnings Surge
U.S.-listed Taiwan Semiconductor Manufacturing Co. shares are jumping 8% in premarket trading after the chipmaker posted ...
6h
S&P 500, Nasdaq 100 - Wall Street Indexes Rise As TSMC Leads Chip Stock Rally, Where To Next?
Wall Street indexes rebounded from Tuesday’s selloff, driven by strong earnings from TSMC and positive economic data. Click ...
7h
on MSN
TSMC may pose a long-term threat to US: here’s why
United States is overly dependent on TSMC for chip manufacturing. Here's why that may be a problem for the US in the long run ...
10h
on MSN
Chip stocks rally after TSMC's strong sales forecast calms growth worries
Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied ...
10h
TSMC's Q3 2024 Earnings Beat Unveils A New Catalyst
TSMC's Q3 and future prospects in the AI market, despite challenges, shows promising growth and margin potential. Click for ...
9h
on MSN
What the roller-coaster earnings at ASML and TSMC tell us about demand for AI chips
TSMC's blockbuster results will be a welcome surprise to investors after ASML's earnings sent semiconductor stocks tumbling ...
13h
Stock market today: S&P 500, Nasdaq futures jump as TSMC outlook eases AI worries
A monthly report on retail sales could provide clues to whether the Fed will go for "no cut" at its next meeting.
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