TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom

Oct 18, 2024 · TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom. TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom Provided by Dow Jones Oct …

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TSMC Shares Reach Record High After AI Boom Brightens Forecast

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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 …

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TSMC Stock Jumps On Better-Than-Expected Q4 Profit, Bullish AI …

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9 hours ago · U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose 4% in premarket trading Thursday after the world's largest contract chip manufacturer posted better …

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TSMC Bullish On Outlook As AI Boom Blows Q3 Profit Past Forecasts

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Oct 17, 2024 · U.S.-listed TSMC shares gained more than 8%, with the company's market capitalization set to cross $1 trillion if premarket gains hold. At its quarterly earnings call on …

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

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Dec 24, 2024 · TSMC’s market share expected to grow to 66%. AI demand drives 15% growth in IC market. 10-Dec-2024 📈 TSMC’s November sales up 34% due to strong AI demand. TSMC …

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TSMC Profits Rise On AI Boom, But Company Lowers Industry Sales …

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Apr 18, 2024 · The Hsicnchu headquartered company said on Thursday that its profit rose 9% to NT$225 billion, or NT$8.70 per share ($1.38 per ADR), in what marked a return to growth …

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AI Surge Powers $26 Billion Quarter For The World's Largest Chip …

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1 day ago · Analysts had predicted strong results, but the company managed to exceed even the most optimistic forecasts. ... aligning perfectly with the ongoing AI boom. Stock market …

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TSMC (NYSE:TSM) Stock Set For A 27% Surge: AI Boom And Record …

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Dec 9, 2024 · Outlook: Bullish Growth Supported by AI and Technological Leadership. With Q4 2024 revenue guidance set at $26.5 billion (midpoint), reflecting 35% YoY growth, TSM’s …

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TSMC Gains US$42bn As Investors Bet On AI Boom - Taipei Times

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Feb 17, 2024 · TSMC shares have risen more than 30 percent since late September last year thanks to AI-fueled optimism, and there is potential for further gains as well. Last month, …

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TSMC Bullish On Outlook As AI Boom Blows Q3 Profit Past Forecasts

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Oct 16, 2024 · The AI boom has helped drive up TSMC shares, with its Taipei-listed stock leaping 75% so far this year, compared with a 28% gain for the broader market, giving the company a …

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Stock Market Today: Dow, S&P 500, Nasdaq Waver Amid Earnings …

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7 hours ago · The main chip supplier to Nvidia and Apple on Thursday booked a 57% rise in net profit to hit a quarterly record. TSMC shares popped over 5% after its earnings report, while …

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TSMC Profit Surges. Why The Nvidia Supplier Is Shrugging Off

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11 hours ago · Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems. 'I Put My Life Savings Into NVIDIA And Lost It All' …

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FAQs about TSMC Shares Rise on Record Results, Strong Outlook Amid AI Boom Coupon?

How has AI impacted TSMC's stock price?

The AI boom has helped drive up the price of shares in Asia's most valuable company, with TSMC's Taipei-listed stock leaping 76% so far this year, compared with a 28% gain for the broader market. ...

Why did TSMC stock rise the most since October?

Shares in TSMC rose the most since October, and the projected spending helped fuel a rally among US and European chip equipment companies including Applied Materials Inc. and ASML Holding NV. TSMC’s strong performance buoyed optimism around an unprecedented AI spending cycle that drove the likes of Nvidia to new heights. ...

Will AI boost TSMC shares?

TSMC shares have risen more than 30 percent since late September last year thanks to AI-fueled optimism, and there is potential for further gains as well. Last month, executives at the main chipmaker to Apple Inc and Nvidia said they expect a return to solid growth this quarter amid signs of recovery in smartphone and computing demand. ...

Will TSMC make a profit from AI?

The world's largest contract chipmaker, whose customers include Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA), has benefited from a surge towards AI across a spectrum of industries. TSMC is set to report a net profit of T$300.1 billion ($9.33 billion) for the quarter ended Sept. 30, according to an LSEG SmartEstimate drawn from 23 analysts. ...

Why did TSMC perform so well?

TSMC’s strong performance buoyed optimism around an unprecedented AI spending cycle that drove the likes of Nvidia to new heights. The advent of ChatGPT spurred a frenzied datacenter build-out over the past two years, benefiting a host of companies that provide the piping and brains of the AI boom. ...

Will TSMC's gross margin rise further into next year?

Citi analysts said that TSMC's gross margin has the potential to rise further into next year, with more revenue contribution from advanced chips and much better yields with the 3-nanometer chips. That trend is evident even after considering factors such as rising electricity costs and overseas fab operations, they wrote in a research note. ...