TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand
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.
TSMC to Report 58% Surge in Q4 Profit Amid AI Demand Boom
Taiwan Semiconductor Manufacturing Co. (TSMC), the leading global producer of advanced chips powering artificial intelligence (AI) applications, is expected to announce a 58% jump in fourth-quarter profit.
TSMC's Fourth-Quarter Net Profit Likely Jumped 55% -- Earnings Preview
NET PROFIT: The Taiwanese chip maker is expected to post a 55% rise in quarterly net profit to 370.64 billion New Taiwan dollars, equivalent to US$11.24 billion, according to the consensus estimate of 26 analysts in a FactSet poll. That would compare with NT$238.7 billion in the year-earlier period.
TSMC's fourth-quarter revenue handily beats market forecast on AI demand
TSMC , the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts and hit its own expectations as it reaped the benefit of artificial intelligence demand.
TSMC Q4 profit seen jumping 58%
Taiwan Semiconductor Manufacturing Co. (TSMC), the main global producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 58-percent leap in fourth-quarter profit on Thursday because of surging demand.
Taiwan Semiconductor Manufacturing Company's fourth-quarter profit seen jumping 58% on strong AI chip demand
Taiwan Semiconductor Manufacturing Company forecasts a 58% rise in fourth-quarter profit, driven by strong demand for AI applications. However, TSMC faces challenges from US tech restrictions on China and potential tariffs from the upcoming US administration.
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Watch These TSMC Price Levels as the Chipmaker's Earnings Report Looms
TSMC shares will likely remain in the spotlight ahead of the contract chipmaker’s fourth quarter earnings report due Thursday before the opening bell. Monitor these important chart levels.
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