TSMC Profit Surges. Why the Nvidia Supplier Is Shrugging Off Curbs on AI Chip Exports.
Taiwan Semiconductor Manufacturing reported a 57% rise in profit on strong demand for hardware to power AI systems.
TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Co. December-quarter revenue and profit topped analyst estimates as the company benefits from the AI boom. TSMC's revenue in the December quarter rose 38.8% from a year earlier to NT$868.
TSMC Q4 profit leaps to record on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing.
Wells Fargo's Fourth-Quarter Profit Tops Estimates
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A year earlier, the bank reported profit of 86 cents a share. Net interest income,
JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter
JPMorgan profit spikes 50% to more than $14 billion in the fourth quarter.
TSMC logs record quarterly profit, sees hefty revenue growth in early 2025
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.
Taiwan's TSMC says net profit rose 57% in fourth quarter
Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Net revenue for the fourth quarter rose 38.
TSMC Profit Beats Estimates After Year of Rapid AI-Driven Growth
Taiwan Semiconductor Manufacturing Co.’s profit in the December quarter topped estimates with a 57% rise, giving a boost to ...
TSMC's Q4 profit rises 57% to a record, in line with forecast
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it ...
JPMorgan Reports Record Profit of Nearly $60 Billion in 2024
JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall ...
Prince Harry and Meghan Markle say 'ego or profit' is behind Meta's decision to scrap fact-checkers
The Duke and Duchess of Sussex wrote an open letter criticizing Meta's shift, which they said "directly undermines free ...
Cambricon, China's AI chip leader and answer to Nvidia, predicts first quarterly profit
China's most valuable artificial intelligence (AI) company, whose stock surged more than 470 per cent in the past 12 months, ...
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in ...
JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.