23 Hrs
Source:
الاقتصادية
TSMC anticipates 61% Q4 revenue increase
TSMC, the world's largest manufacturer of advanced chips used in artificial intelligence, expects its fourth-quarter revenue to increase by up to 61% year-over-year, following a sixth consecutive quarter of record profits driven by an AI boom. The company reported net profits of $23.59 billion, a 69% rise compared to the previous year, and forecasts revenues between $52.3 billion and $54.3 billion for the upcoming quarter, the highest in its history. The continued demand for AI chips and advanced technologies, such as CoWoS packaging, supports the company's growth, which is approaching a market value of two trillion dollars, with significant investments in factories in the United States and future research initiatives in Texas.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)