TSMC’s Q3 2024 Financial Surge Highlights Semiconductor Strength
1 day ago · Taiwan Semiconductor Manufacturing Company (TSMC) reported a strong third quarter for 2024, with a 39% increase in revenue year-over-year, reaching NT$759.69 billion, and a 54.2% rise in net income.
TSMC Q3 earnings: Profit beats expectations as AI boom drives …
2 days ago · Key Points. TSMC’s net income was 325.3 billion New Taiwan dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of NT$300.2 billion. Net revenue came in at $23.5 ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
2 days ago · Q3 profit is a record T$325.3 bln (market forecast T$300.2 bln) ... The AI boom has helped drive up TSMC shares, with its Taipei-listed stock leaping 75% so far this year, ... the news and media ...
TSMC Reports Third Quarter EPS of NT$12.54
2 days ago · HSINCHU, Taiwan, R.O.C., Oct. 17, 2024 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$759.69 billion, net income of NT$325.26 billion, and diluted earnings per share of NT$12.54 (US$1.94 per ADR unit) for the third quarter ended September 30, 2024. Year-over-year, third quarter revenue increased 39.0% while net income and diluted EPS both increased 54.2%.
TSMC Q3: The Ultimate AI Weather Vane - Seeking Alpha
14 hours ago · Summary. TSMC's Q3 earnings surpassed expectations, with a 39% Y/Y revenue surge and 54% Y/Y earnings growth, driven by high-performance computing demand. TSMC's AI-driven growth is profitable ...
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
2 days ago · TSMC, Asia's most valuable publicly listed company, said third-quarter revenue rose 36% year-on-year to $23.5 billion, better than the company's previous forecast of $22.4 billion to $23.2 billion ...
TSMC stock hits new high after forecast-beating earnings
1 day ago · Shares closed up 4.8% at T$1,085 ($33.77), surpassing the previous record of T$1,080 on July 11. That gives TSMC a market capitalisation of about $874 billion, the highest of any company listed in ...
TSMC revenue up 36% on demand for AI, smartphone chips
1 day ago · Thu 17 Oct 2024 // 11:48 UTC. Taiwan's semiconductor giant TSMC has reported a good third quarter with revenue up 36 percent over a year ago, due to strong demand from chip companies for smartphone and AI-related silicon. The world's largest semiconductor contract manufacturer said its income for the third quarter ended September 30, 2024 stood ...
TSMC third-quarter profit seen jumping 40% on strong AI chip …
5 days ago · TSMC is set to report a net profit of T$298.2 billion ($9.27 billion) for the quarter ended Sept. 30, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater ...
TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom
1 day ago · On Thursday, TSMC reported a better-than-projected 54% rise in September-quarter net profit to NT$325.3 billion ($10.1 billion). And it expects revenue of $26.1 billion to $26.9 billion in the ...