Taiwan Semiconductor blasted past its financial expectations for Q3 and is adjusting its Q4 outlook accordingly.

Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI technology. Taiwan Semiconductor Manufacturing Company controls more than half the world's output of chips used in everything from Apple's…

U.S.-listed Taiwan Semiconductor Manufacturing Co. shares jumped 9% Thursday morning after the chipmaker posted robust quarterly earnings and projected a buoyant outlook on the back of the artificial intelligence (AI) boom.

Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI technology. TSMC said it expected full-year revenue to increase by nearly 30 percent.

Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI technology. TSMC said it expected full-year revenue to increase by nearly 30 percent.

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

TAIPEI : Taiwanese chipmaker TSMC posted a 54 per cent rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the worl

(Bloomberg) — ABB Ltd. raised its margin outlook as massive investments in data centers fueled demand for its power-grid business, helping offset weaker sales of factory automation products.

TAIPEI : TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54 per cent jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).Taiwan Semiconductor Manufacturing Co, the dominant produc

TAIPEI :TSMC, the world's largest contract chipmaker, said on Thursday it expects strong growth in its business to be sustained as it reported a forecast-beating 54 per cent jump in quarterly profit due to soaring demand for chips used in artificial intelligence (AI).Taiwan Semiconductor Manufacturing Co, the

TAIPEI : Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42 per cent leap in third-quarter profit on Thursday thanks to soaring demand.The world's largest contract chipmaker, whose customers include Apple

TAIPEI :Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, reported on Thursday a forecast-beating 54 per cent jump in third-quarter profit on the back of soaring demand.The world's largest contract chipmaker, whose customers include Ap