TSMC posts record quarterly profit on AI demand
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Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing "strong interest" from its leading U.S. customers and is working to speed up its volume production schedule by several quarters.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp, yesterday raised its revenue growth forecast for this year to 30 percent in US dollar terms, thanks to exceptionally strong demand for artificial intelligence (AI) and high-performance computing (HPC) applications.
Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continues to fuel results at the world’s largest contract chip maker.
U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.
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Stocktwits on MSNTSMC Stock Eyes Fresh Record As Chip Foundry’s Q2 Results, Guidance Exceed Estimates On AI Demand SurgeChip foundry Taiwan Semiconductor Manufacturing Co.’s (TSM) shares trended on Stocktwits following its quarterly earnings release Reacting to the earnings, U.S.-listed TSM stock rallied over 6% in overnight trading.
Dutch lithography equipment giant ASML announced it will release its second quarter 2025 earnings report at 2 pm Taiwan time on July 16, one day ahead of TSMC. A major concern for ASML executives is the potential repeat of the nightmare experienced in the first quarter of 2025 when TSMC delayed orders,