TSMC Shares Touch Record High, Eying Best Year Since 1999 on AI

Dec 24, 2024 · (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock …

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TSMC Shares Hit Record High As AI Demand Boosts Chip Industry

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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

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

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Oct 17, 2024 · Shares of Nvidia, the best-known AI beneficiary, rose 4% to its highest intraday level ever, while several other U.S. semiconductor stocks including Advanced Micro Devices, …

forbes.com

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TSMC Stock Soars 10% On 54% Profit Surge And AI Demand

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Oct 18, 2024 · TSMC stock jumped 6% shortly after opening to reach T$1,100 ($34.25), surpassing the previous record of T$1,080 hit on July 11. That gave TSMC a market …

industryleadersmagazine.com

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TSMC Shares Hit Record High Amid AI-Driven Rally| TMTPOST

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The surge followed overnight gains in U.S. chip stocks, including key TSMC customer Nvidia Corp. TSMC shares have soared 82% this year, driven by sustained investor enthusiasm for …

tmtpost.com

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TSMC Hits Record High On AI Growth, Strong Sales - Tech In Asia

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23-Dec-2024 📊 TSMC US shares hit 25% premium, highest in two months. TSMC US shares at 25% premium over local ones. Global market sentiment favors TSMC amid AI growth. 17-Dec …

techinasia.com

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Nvidia Hits Record High As Chip Stocks Rally On TSMC's Rosy AI …

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Oct 17, 2024 · TSMC customer and AI chip frontrunner Nvidia rose almost 4% to a record high of $140.89, before paring gains to trade 2% higher in afternoon trade. News Today's news

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TSMC Shares Touch Record High, Eyeing Best Year Since 1999 On AI

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Dec 24, 2024 · The move came after US chip stocks including key customer Nvidia Corp rallied overnight. TSMC shares are up 82% this year amid continued investor enthusiasm for artificial …

theedgemalaysia.com

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TSMC Shares Reach Record High After AI Boom Brightens Forecast

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Oct 17, 2024 · Taiwan Semiconductor Manufacturing Co. posted a better-than-projected 54% rise in quarterly earnings after strong sales of Nvidia Corp. AI chips offset a sagging mobile …

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TSMC Stock Hits New High After Profits Jump 54%, NVIDIA Stocks …

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Oct 18, 2024 · Taiwan Semiconductor Manufacturing Co (TSMC) is riding high, as its shares hit a new peak on Friday following an impressive earnings report. The Taipei-listed chipmaker …

firstpost.com

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TSMC Shares Hit Record High As AI Boom Lifts Forecast

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Oct 18, 2024 · TSMC semiconductor stock American depositary receipts surged 9.8% in New York Stock Exchange (NYSE), the biggest jump since they began trading in the US in 1997. …

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TSMC Posts 34% Revenue Jump In November, Riding High On AI …

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Dec 11, 2024 · There was also a 12.2% slide from October's record-breaking NT$314 billion revenue, though that's minor in the face of an overall bumper year. From January through …

techspot.com

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Better Artificial Intelligence Stock: Taiwan Semiconductor ...

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4 days ago · Taiwan Semiconductor holds 90% of the market in advanced processor manufacturing. Nvidia dominates the AI semiconductor space. Both are great AI stocks, but …

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TSMC Hits $1 Trillion In Market Value On Relentless AI Rally

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Jul 8, 2024 · (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on …

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TSMC Posts Record Monthly Revenue, Powered By AI Boom

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Nov 8, 2024 · The Taiwanese company guided for fourth-quarter revenue of US$26.1 billion to US$26.9 billion, with an expected gross profit margin of between 57% and 59%. Write to …

morningstar.com

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TSMC Faces Slower October Sales As AI Chip Hype Fades

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Nov 8, 2024 · TSMC, Taiwan Semiconductor Manufacturing Co., hit a speed bump in October. After riding high on the AI wave for months, the company reported a 29.2% growth in sales …

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FAQs about TSMC Shares Touch Record High, Eying Best Year Since 1999 on AI Coupon?

Is Taiwan Semiconductor Manufacturing (TSMC) a good stock to buy?

T aiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is on track to achieve its best stock performance in 25 years. The company’s shares briefly reached an all-time high in Taipei trading, reflecting its pivotal role in the artificial intelligence (AI) market. ...

Why did Taiwan Semiconductor's shares hit a record high?

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares hit a record high after the chipmaker topped quarterly estimates and raised its target for 2024 revenue growth, allaying concerns about global chip demand and the sustainability of an AI hardware boom. Most Read from Bloomberg ...

Is TSMC a good investment in AI?

TSMC’s position as the sole supplier of Apple Inc. and Nvidia Corp.’s most important chips makes it a favorite play among global investors in AI. Those $3 trillion companies have seen their shares rise with the tide of artificial intelligence, making their indispensable chipmaker appear good value by comparison. ...

Is TSMC just the 'insane' demand for AI?

The lobby of the TSMC facility in Phoenix last year. “It’s just the beginning” for the “insane” demand for all things AI, C.C. Wei, the chief executive officer of Taiwan Semiconductor Manufacturing Co., said on his company’s third-quarter earnings call, according to FactSet’s translation of his comments. ...

Why did TSMC stock rise 11%?

U.S.-listed TSMC shares rose more than 11%, lifting the company's market capitalization above $1 trillion. The forecast from the leading producer of advanced AI chips reinforced investor confidence in the outlook for chipmakers whose market values have skyrocketed in the past two years due to a surge in chip spending by Big Tech. ...

Will Intel catch up with TSMC in advanced chip production?

Meanwhile, Intel, a rival that has been expanding its chip manufacturing capabilities, also enjoyed a modest 1 per cent rise in its share price. However, analysts note that Intel’s efforts to catch up with TSMC in advanced chip production will likely take several years to bear fruit. ...