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Taiwan Semiconductor Manufacturing Company (TSMC)
Semiconductor
TSMC profit beats estimates after year of rapid AI-driven growth
The world’s biggest chipmaker reported net income of NT$374.7 billion ($15.56 billion) on Thursday, compared with an average profit estimate of NT$369.8 billion.
2 days ago
Semiconductor
TSMC sales beat estimates in boost for AI’s outlook in 2025
The strong showing from TSMC bolsters expectations that big tech companies from Alphabet to Microsoft will continue to build and upgrade data centres at a rapid clip to propel AI development.
7 days ago
Semiconductor
TSMC, GlobalFoundries finish talks over billions in chips awards
TSMC’s package announced in April includes US$6.6 billion ($8.8 billion) in grants and as much as US$5 billion in loans to support the construction of three semiconductor factories in Phoenix.
November 07, 2024
Semiconductor
TSMC cuts off client after discovering chips sent to Huawei
TSMC halted shipments immediately after discovery this month. The company has notified Taipei, Washington as it investigates.
October 24, 2024
Broker's Calls
Venture Corp and Frencken are DBS’s downstream picks; both look set to benefit from AI wave and recovery of end demand
DBS has “buy” calls on both companies with a TP of $1.77 for Frencken and a TP of $16.40 for Venture.
October 22, 2024
Semiconductor
TSMC plans more chip plants in Europe, says Taiwan official
The world’s biggest chipmaker is spending tens of billions of dollars to set up new sites in the US, Japan and Germany.
October 14, 2024
Semiconductor
CEO of major supplier to TSMC dismisses AI concerns after Nvidia wipeout
AI semiconductors should grow at a much higher rate going forward, says Scientech CEO Hsu Ming-Chi.
September 05, 2024
Broker's Calls
TSMC named top pick at Morgan Stanley after record sell-off
The benchmark Taiex stock index tumbled the most in 57 years on Monday.
August 06, 2024
Semiconductor
TSMC hikes revenue outlook to reflect heated AI demand
For the current quarter, TSMC forecasts revenue of as much as US$23.2 billion ($31.2 billion), above analysts’ projections.
July 19, 2024
Artificial Intelligence
TSMC hits US$1 tril in market value on relentless AI rally
TSMC ADRs shares jumped as much as 4.8%, to touch the milestone just after the opening bell in New York on Monday.
July 09, 2024