Tag: $TSMC

Taiwan Semiconductor Manufacturing is thriving on rising demand for artificial-intelligence chips, but geopolitics may drive investor sentiment in the short term.

Taiwan Semiconductor Manufacturing Co. -backed Vanguard International Semiconductor Corporation and Dutch chip designer and manufacturer NXP Semiconductor  will build a $7.8 billion wafer manufacturing plant in Singapore. 

Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry, excluding memory chips.

TSMC beats revenue and profit expectations in the first quarter on strong AI chip demand.

TSMC said March revenue came in at 195.2 billion new Taiwan dollars ($6.1 billion), up 34.3% year-on-year. that’s the fastest pace of growth since Nov. 2022.

The proposed funding would give TSMC’s Arizona subsidiary up to $6.6 billion in direct funding and a potential $5 billion in loans under the CHIPS Act.

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry.

TSMC reported fourth-quarter revenue slipped 1.5% from a year ago to NT$625.53 billion, while net income dropped 19.3% from a year ago to NT$238.71 billion. 

Shares of Apple suppliers fall in Asia on Wednesday after Barclays downgraded Apple on concerns of demand weakness.

TSMC posted a third quarter profit of NT$211 billion on Thursday – its largest profit decline since the first quarter of 2019 – as weak demand for consumer electronics persists.

Taiwan Semiconductor Manufacturing’s latest monthly sales suggest the chip maker is doing better than expected.

TSMC plans to invest almost $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan to capitalize on the artificial intelligence boom.

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TSMC reported revenue slipped 10% from a year ago to NT$480.84 billion, while net income fell 23.3% from a year ago to NT$181.8 billion.