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TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
Taiwan Semiconductor Manufacturing Company beat revenue and profit expectations in the fourth quarter on continued strong demand for AI chips.
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.
Taiwan's TSMC says net profit rose 57% in fourth quarter
Net revenue for the fourth quarter rose 38.8 percent to NT$868.46 billion, TMSC said, beating forecasts. TSMC said last week that net revenue rose 33.9 percent to NT$2.9 trillion ($87.8 billion) in 2024.
TSMC Q4 Earnings Ahead: Street expects biggest profit jump in two years
Taiwanese chip making company Taiwan Semiconductor Manufacturing (NYSE:TSM) is set to report its fourth quarter earnings results on Thursday, January 16th, before the opening bell. Analysts expect the company to post its biggest profit jump since 2022.
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 hefty first-quarter revenue growth as demand surges for chips used in artificial intelligence processing.
2h
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 ...
1h
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 ...
10h
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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.
9h
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 ...
1d
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.
16h
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 ...
9h
Goldman Sachs Full-Year Profit Rises 68%
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking ...
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