TSMC raises revenue Outlook
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TSMC posts record quarterly profit on AI demand
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Taiwan chip giant TSMC reported profits that leaped more than 61% year-over-year, driven largely by the demand for chips to fuel artificial intelligence and
TSMC's 30% growth is driven by soaring AI and HPC chip demand. Click to read more on my updated look at TSM and its Q2 earnings.
Taiwan Semiconductor Manufacturing Co. just gave the AI trade a fresh shot of adrenaline. The world's top chip foundry raised its 2025 revenue growth forecast to around 30%, up fr
This powerful performance was driven by the surging global demand for advanced semiconductors used in a wide array of artificial intelligence (AI) applications.
Here are some of the stories Wall Street is watching on Thursday, July 17. All three of the major indexes (^DJI, ^GSPC, ^IXIC) are trading higher on the back of a stronger-than-expected retail sales report and earnings.
TSMC, the world's main producer of advanced AI chips, posted record profit in the second quarter with forecast-beating growth of 60 per cent, and noted that demand for artificial intelligence was getting stronger and stronger.