Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results. Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results.
Myron Xie says TSM stock is the only game in town for AI chips. Nvidia and hyperscalers building their own chips rely heavily on TSMC.
The company’s chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more than tripling last year
If growth at a reasonable price is the goal, the world’s largest contract chip manufacturer fits the bill. Strong demand for artificial intelligence chips has delivered a stellar quarter for Taiwan Semiconductor Manufacturing Co.
TSMC's strong Q4 earnings, driven by AI demand and operational excellence, make it a high-quality investment. Click here to find out why I rate TSM stock a Buy.
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose 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 demand.
NVIDIA's demand for advanced packaging from TSMC, but the tech it needs is changing: Jensen Huang says NVIDIA will transition to CoWoS-L packaging.
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
Needham analyst Charles Shi has maintained their bullish stance on TSM stock, giving a Buy rating on January 8.Stay Ahead of the
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
Taiwan Semiconductor (TSM) is a strong investment with robust financial health and growth potential in the semiconductor market. Read more here.