(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for artificial intelligence and a recovery in some consumer electronics. Most Read from Bloomberg The world’s largest contract chipmaker has benefited from a global race to develop AI services, producing semiconductors for Nvidia Corp. that are […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. options traders are contending with a rising wave of bearishness following the chipmaker’s cautious guidance and concerns about whether the artificial-intelligence trade is unwinding. Most Read from Bloomberg The volume of put options on the chipmaker’s US-listed shares climbed to the highest level since January on Friday, according to […]
TAIPEI (Reuters) -Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue on Wednesday, beating market expectations and at the high end of the company’s own guidance as its sales boom on demand for artificial intelligence applications. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s quarterly revenue grew at its fastest pace in more than a year, shoring up expectations that a global boom in AI development is fueling demand for high-end chips and servers. Most Read from Bloomberg The main chipmaker to Nvidia Corp. and Apple Inc. reported a better-than-expected 16% rise in […]
(Bloomberg) — The rapid ascent in Taiwan Semiconductor Manufacturing Co. is making it harder to ignore risks for the world’s largest contract chipmaker, even for its staunchest supporters. Most Read from Bloomberg TSMC’s shares have surged more than 110% from an October 2022 low amid the global investor mania over artificial intelligence, tracking gains in […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 9.4% in 2024’s first two months, riding a wave of global AI development that’s helping offset potential fallout from slowing iPhone sales. Most Read from Bloomberg Asia’s largest company reported sales of NT$397.4 billion ($12.6 billion) from January to February. That’s despite signs that Apple Inc., which […]
(Bloomberg) — The blistering gains of Taiwan Semiconductor Manufacturing Co. have sent the chipmaker to the most overbought level in three years, but its critical role in artificial intelligence suggests investors may find it too early to abandon the rally. Most Read from Bloomberg TSMC, whose chips are used by some of the world’s most […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. expects a return to solid growth this quarter and gave itself room to raise capital spending in 2024, suggesting the world’s most valuable chipmaker anticipates a recovery in smartphone and computing demand. Most Read from Bloomberg The main chipmaker to Apple Inc. and Nvidia Corp. projected revenue growth of […]
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand. The likely decline in profit also reflects a strong performance in 2022, when the company, whose customers include Apple and Nvidia, was […]