Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.

Taiwan Semiconductor Manufacturing reports a 57% jump in profit on strong demand for hardware to power AI systems.

The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.

Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to ...

Several artificial intelligence (AI) chip stocks are seeing broad sell-offs in Monday's trading. Nvidia (NASDAQ: NVDA), ...

NVIDIA's demand for advanced packaging from TSMC, but the tech it needs is changing: Jensen Huang says NVIDIA will transition ...

TSMC CEO C.C. Wei has dismissed recent market speculation indicating Nvidia is cutting back its demand for ...

Nvidia's chief executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's ...

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend ...

TSMC, which makes chips for Nvidia, reported net income of $11.6 billion. Its CFO said this was supported by "strong demand" ...

Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S.

TSMC's new U.S. plant is unlikely to get the most advanced chip technology before factories in Taiwan due to complex ...