Tag: $TSMC

Intel (NASDAQ:INTC) and Taiwan Semiconductor Manufacturing Co. (TSMC) are in discussions to form a joint venture to manage Intel’s chipmaking facilities, according to a report from The Information, citing sources involved in the talks.

Taiwan Semiconductor Manufacturing Company’s pledge to spend an extra $100bn on advanced manufacturing plants in the US will do little to help the country restore its global lead in chipmaking, according to Pat Gelsinger, who was forced out as chief executive of Intel late last year.

Intel could be split up, with two of the chip maker’s biggest rivals eyeing separate parts of its business.

OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia for its chip supply by developing its first generation of in-house artificial-intelligence silicon.

Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales in the current period.

Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.

Taiwan Semiconductor Manufacturing Co is in discussions with Nvidia Corp to produce its Blackwell artificial intelligence chips at the contract manufacturer’s new plant in Arizona, three sources familiar with the matter said.

Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit in the third quarter and forecast annual revenue growth in the last three months of the year, as global chipmakers continue to benefit from demand boosted by AI applications.

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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