Taiwan Semiconductor Manufacturing Company (TSMC) is expanding its American chipmaking plans by an additional $25 billion, bringing the total investment to $65 billion. Despite this growth, TSMC's U.S. endeavors are still overshadowed by its Taiwanese operations. The company is expected to report a 5% increase in net income for the first quarter due to strong demand for AI chips.
TSMC is expected to report a 5% increase in 1st quarter net profit when it releases earnings on Thursday (4/18), Reuters reports, providing consensus estimates: TSMC net profit in Q1 NT$217.2 billion (US$6.71 billion) vs NT$206.9 billion last year. TSMC revealed Q1 revenue +16.5%…
Morris Chang, TSMC’s retired founder, has called America’s chipmaking ambitions a “very expensive exercise in futility”. That is harsh—but probably true https://t.co/rmAAmNmma4 👇
TSMC $TSM is expected to report a 5% increase in net income as revenue rose 16.5% in Q1 due to strong AI chip demand. Net income is expected to rise to NT$217.2B, up from NT$206.9B last year.
"TSMC will hold its 1st quarter (Q1) conference April 18 and investors mainly want Q2 & 2024 outlook - TSMC view on AI demand, end of chip inventory adjustments - Update CoWoS packaging, vital to AI, CoWoS capacity seen 33-35,000 wafers/month by end-2024 vs 15K at end-2023"… https://t.co/97yhh1M8n3
TSMC will hold its 1st quarter (Q1) conference April 18 and investors mainly want Q2 & 2024 outlook, media report: -Will TSMC raise 2024 capex to US$30-$34 billion, vs guided $28-$32 bln? -Q2 revenue seen up 17%-19% year-on-year; Over NT$600 billion -TSMC view on AI demand, end…
TSMC First-Quarter Profit Expected to Rise 5% on Strong AI Chip Demand https://t.co/Vg3pUw16ee
⚠️ TSMC FIRST-QUARTER PROFIT EXPECTED TO RISE 5% ON STRONG AI CHIP DEMAND Full Story → https://t.co/FnLqoKIA8Y https://t.co/lfAB80PHuv
In the eyes of America’s commerce secretary, TSMC’s ambitious plans show the value of the CHIPS Act. But look closer and the Taiwanese company’s ambitions may not be all that grand https://t.co/0pV8P6wvIQ 👇
TSMC’s $65 billion bet still leaves US missing piece of chip puzzle https://t.co/zshL14FujI
TSMC’s American chipmaking plans are growing $25bn more ambitious. But they still pale next to its Taiwanese endeavours https://t.co/TM1bVmn20j 👇