Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor.
The company’s chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more than tripling last year
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for artificial intelligence chips has delivered a stellar quarter for Taiwan Semiconductor Manufacturing Co.
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.
TSMC’s strong Q4 earnings and AI-driven growth indicate promising potential. Find out why TSM stock offers a compelling buy despite geopolitical risks.
TSMC's strong Q4 earnings, driven by AI demand and operational excellence, make it a high-quality investment. Click here to find out why I rate TSM stock a Buy.
Needham analyst Charles Shi has maintained their bullish stance on TSM stock, giving a Buy rating on January 8.Stay Ahead of the
NVIDIA's demand for advanced packaging from TSMC, but the tech it needs is changing: Jensen Huang says NVIDIA will transition to CoWoS-L packaging.
Taiwan Semiconductor beats both earnings and revenue estimates on surging demand for advanced chips used in AI applications.
Myron Xie says TSM stock is the only game in town for AI chips. Nvidia and hyperscalers building their own chips rely heavily on TSMC.