tsmc chip stocks news

U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors

U.S. chip stocks rose on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co,

Investopedia on MSN · 17h

Chip Stocks Rally as TSMC Earnings Point To Strong AI Demand

Chip stocks rose on Thursday after the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co., reinvigorated Wall Street’s AI enthusiasm.

Markets Insider on MSN · 17h

Chip stocks rally after TSMC's strong sales forecast calms growth worries

TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projec

13hon MSN

Dow, S&P Flirt With Record Highs as Chip Stocks and Retail Data Support

The chipmaker's U.S.-listed shares soared 11.6%, while AI-trade favorite and TSMC customer Nvidia gained 2.6%, touching a ...

18hon MSN

‘Just The Beginning’ For AI Demand Surge As Big Chip Stocks Gain $250 Billion

TSMC’s induction to the trillion-dollar club also spurred a rally for its ally Nvidia, whose shares rose 4% to an all-time ...

All eyes are on TSMC earnings as the chipmaker industry faces slowdown worries

ASML slashed guidance on Tuesday, leading to a sell-off in chip stocks and raising the stakes for TSMC's upcoming earnings ...

23h

TSMC: Q3 Earnings Snapshot

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share. The chip company posted revenue of $23.5 billion in the period, also surpassing Street ...

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