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Latest reporting and analysis tagged with TSMC.
US stocks opened higher Thursday, recovering from losses after TSMC's strong profit and outlook lifted AI-related shares. Major indexes rose, with the Nasdaq leading gains. Oil and silver prices fell amid geopolitical developments.
TSMC's December revenue rose 20.4% year-over-year, exceeding analyst forecasts. The company's 2025 revenue grew 31.6%, outpacing the semiconductor market. TSMC is expanding capacity to meet demand, including for Nvidia's H200 chips, with quarterly results due Jan. 15.
TSMC's Q4 profits rose 35% year-over-year, beating expectations. The company plans up to $56 billion in new factories outside Taiwan and the US, citing strong AI chip demand.
Nvidia expands beyond GPU design with Vera Rubin platform and acquisitions, while TSMC maintains a near-monopoly in advanced chip manufacturing. Both companies are seen as attractively valued amid ongoing AI infrastructure buildout.
US stock futures rose Thursday as TSMC's strong Q4 results boosted AI hopes. Oil and silver prices fell amid geopolitical developments. Investors await major bank earnings.
TSMC reported a 20% year-over-year revenue jump in Q4, beating expectations. The surge is driven by booming AI chip demand from customers like Nvidia and Apple, fueling semiconductor stock gains.
JPMorgan analyst Gokul Hariharan increased TSMC's price target to NT$2,100 on January 7, maintaining an Overweight rating and forecasting robust revenue growth through 2026-2027 driven by AI demand.