February 22, 2025

Charm – Daily News

Tag: Taiwan Semiconductor

Taiwan Semiconductor's AI Boom Fuels Stock Surge and Investor Confidence

Taiwan Semiconductor’s AI Boom Fuels Stock Surge and Investor Confidence

Cs news03 mins

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) just delivered a blowout third-quarter performance, sending its stock up 8% in premarket trading. With revenue up 36% year-over-year to $23.5 billion and a 54% jump in net profit, Taiwan Semiconductor is riding the wave of skyrocketing demand for AI chips. High-performance computing, driven by AI, now makes up 51%…

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TSMC stock soars as AI-driven earnings beat has 'no end in sight'

TSMC stock soars as AI-driven earnings beat has ‘no end in sight’

Cs news03 mins

TSMC logo at the 2023 World Semiconductor Conference in Nanjing, China.Photo: VCG (Getty Images) In This Story Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips. The next president will face a debt problem that could…

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