TSMC Fourth-Quarter Profit Seen Jumping 58% On Strong AI Chip Demand
Q4 revenue jumps, beats market expectations, analysts expect fourth-quarter profit of $11.4 Billion
Taiwan Semiconductor Manufacturing Company (TSMC), the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from the megatrend towa…
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