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'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 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 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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