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Chip giant TSMC reported record-high revenue for 2024, including a massive US$27 billion in the fourth quarter. Chair and CEO ...
TAIPEI: Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for ...
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TSMC is set to report a net profit of T$377.95 billion ($11.41 billion) for the quarter ended Dec. 31, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater ...
TSMC is spending billions of dollars on new factories overseas, including $65 billion on three plants in the U.S. state of Arizona, though it says most manufacturing will remain in Taiwan. The world’s ...
Nonetheless, TSMC has established a technical lead in chip production, allowing it to claim 62% of the foundry market, according to TrendForce. That factor alone probably makes it indispensable ...
In November, Commerce finalised a $6.6 billion grant to TSMC’s US unit for semiconductor production in Phoenix, Arizona. “For the first time ever in our country’s history, we are making ...
The run-up in artificial intelligence (AI) stocks has attracted numerous investors into the sector. Given the anticipated potential for returns and the recent run-up in some AI-related names ...
Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as the company continued to benefit from soaring demand for AI technology.
Growth accelerated for TSMC in December, capping 34% revenue growth for 2024. That compares with TSMC’s official target of a 30% annual rise, though that outlook was expressed in US dollar terms.