Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
TSMC shares fall nearly 2% even after raising 2024 revenue forecast
Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue forecast and reported a market-beating net profit for the second quarter.
Why TSMC Stock Gained Despite Huge Sell-Offs for Chip Companies Today
TSMC posted strong Q2 results and raised its full-year performance targets. But the market's reaction to TSMC's great quarterly results was tempered by geopolitical risks.
TSMC's Q2 Earnings, Revenue Beat Amid AI Chip Boom
Taiwan Semiconductor Manufacturing Company (TSM) posted second-quarter results that beat analysts' estimates amid surging demand for artificial intelligence (AI) chips.
Taiwan Semiconductor (TSM) Gains 64.6% YTD: Should You Buy Now?
Taiwan Semiconductor (TSM) witnesses investor optimism in its stock on the back of its strong positioning in the semiconductor manufacturing field.
3 Key Takeaways From TSMC's Q2 2024 Beat And Raise
Taiwan Semiconductor Manufacturing Company Limited's Q2 beat and raise continues to solidify its path towards a $1 trillion market cap. The robust results and upbeat outlook corroborates sustained demand for HPC hardware given ongoing AI momentum, complemented by a stronger-than-expected cyclical recovery in consumer devices. This continues to highlight competitive value in Taiwan Semiconductor's technology advantage, given its sole capability in producing at the most advanced nodes and packaging processes critical to high-growth innovations like AI.
Taiwan Semiconductor Crushed It! A Good Sign for Other Semiconductor Stocks?
Geopolitics will still be a risk but it shouldn't scare away investors.
TSMC Gains on Q2 Earnings, Revenue Beat Amid AI Chip Boom
Taiwan Semiconductor Manufacturing Company (TSM) American depositary receipts (ADRs) gained Thursday after the chipmaker reported second-quarter results that beat analysts' estimates amid surging demand for artificial intelligence (AI) chips.
Taiwan Semiconductor Tops Q2 Views Amid Robust AI Chip Demand
Taiwan Semiconductor Manufacturing beat estimates for the second quarter and guided above views for the current period.
Chip Stocks: Bargain Buys or Looming Bust?
The semiconductor industry is the cornerstone of the global economy, underpinning the technology sector with products ranging from smartphones and computers to automobiles and advanced artificial intelligence applications. This sector witnessed a significant surge in stock prices in recent years, fueled by the increasing demand for semiconductors and a global chip shortage.
Taiwan's TSMC says net profit rose 36% in second quarter
Taiwanese chip giant TSMC said Thursday net profit jumped 36 percent in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products.
TSMC results show AI chip demand remains high
Taiwan Semiconductor Manufacturing Company, the global leader in microchip manufacturing, increased its revenues by more than 40% year on year in the second quarter. According to a trading update published on Thursday, the Taiwanese tech titan brought in more than US$20 billion on a 53% margin in the three months ending 30 June.
TSMC second-quarter profit beats expectations as AI chip boom continues
Surging demand for advanced chips used in AI applications has boosted TSMC's Taiwan-listed shares by nearly 70% so far this year. "The demand for generative AI is surging in the cloud and at the edge.
