What stocks are leading the S&P 500 today? The top gainer is Lam Research, followed by KLA, and then Applied Materials.
Taiwan Semiconductor stock is higher Thursday after the chip manufacturer beat expectations for its fourth quarter and issued a strong outlook. Here's what you need to know.
TSMC (TSM) rallied after posting a fourth-quarter earnings beat. James Demmert considers the company a core buy, noting its ties to Nvidia (NVDA) and the overall A.I.
S&P 500 opens flat as retail sales miss forecasts. TSM surges on AI chip demand, while strong bank earnings fail to sustain financial stock momentum.
Taiwan Semiconductor Manufacturing Company Limited's Q4 earnings outperformance and robust 2025 outlook has effectively renewed confidence in the ongoing AI rally. Despite its concentrated revenue exposure to Apple's slowing growth outlook and Nvidia's recent Blackwell challenges, TSMC has exhibited unique competitive advantages in preserving fundamental appreciation. TSMC also faces a significant impending de-risking tailwind, as overseas capacity at Arizona and Kumamoto starts to ramp.
Taiwan Semiconductor Manufacturing beat analyst estimates for the fourth quarter, thanks to strong sales of AI chips. TSM stock surged.
Shares in Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) are set to leap higher on Thursday trading in New York after the world's largest chip foundry posted record results. Fourth-quarter revenue increased 38.8% to NT$868.46 billion, which was above the consensus forecast of NT$850.08 billion expected.
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-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence (AI) demand.
Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM ) Q4 2024 Earnings Conference Call January 16, 2025 1:00 AM ET Company Participants Jeff Su - Director, IR Wendell Huang - SVP, Finance & CFO C.C. Wei - Vice Chairman & CEO Conference Call Participants Gokul Hariharan - JPMorgan Laura Chen - Citigroup Charlie Chan - Morgan Stanley Brett Simpson - Arete Research Bruce Lu - Goldman Sachs Group Arthur Lai - Macquarie Rick Hsu - Daiwa Robert Sanders - Deutsche Bank Brad Lin - Bank of America Jeff Su Good afternoon, everyone, and welcome to TSMC's Fourth Quarter 2024 Earnings Conference and Conference Call.
On Thursday, Taiwan Semiconductor Manufacturing Co's TSM fourth-quarter results beat forecasts, fueled by demand for advanced processor node technologies for artificial intelligence applications.
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.
TSMC, the main chipmaker to Apple and Nvidia, projected quarterly sales and capital expenditure ahead of analysts' estimates. The strong performance is likely to buoy optimism that the AI spending cycle will continue this year.