Category: TSMCs
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TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending
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(Bloomberg) — Taiwan Semiconductor Manufacturing Corp. forecast quarterly sales and capital spending ahead of analyst estimates, raising hopes that spending on artificial intelligence devices will remain resilient in 2025. Most read from Bloomberg Major chip maker Apple Inc. And Nvidia Corp. Spending between $38 billion and $42 billion on technology…
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TSMC’s third-quarter revenue easily beats market forecast By Reuters
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TAIPEI (Reuters) – TSMC, the world’s largest contract chip maker, on Wednesday reported third-quarter revenue that easily beat market and the company’s own expectations as it reaped the benefit of demand for artificial intelligence. The Taiwan Semiconductor Manufacturing Company, whose clients include Apple (NASDAQ:) and Nvidia (NASDAQ:), has been at…