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The Latest Breaking News from CC Wei

TSMC stock jumps 5% after Nvidia supplier posts record profits

The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.

Fortune

Taiwan's TSMC Says Net Profit Rose 57% In Fourth Quarter

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology.

International Business Times

Elon Musk prioritizing humanoid robot advances, says TSMC CEO — TSMC will supply the chips if the price is right

Elon Musk is now prioritizing advances in humanoid robotics, indicates TSMC’s CC Wei.

Tom’s Hardware

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1 Mega-Cap Semiconductor Stock to Buy After Strong Earnings from Nvidia

Solid earnings from the AI chip giant should be good news for this foundry behemoth.

Barchart

Taiwan Semiconductor Ramps Up 2nm Production: Apple And AMD First In Line

TSM accelerates progress on 2nm fab in Kaohsiung, aiming to meet global demand for advanced chips. Mayor Chen highlights potential to boost AI and industrial transformation. Company reportedly confirms 2nm on track for mass production next year.

Benzinga

TSMC founder once asked Nvidia CEO Jensen to be TSMC's CEO — upcoming Morris Chang biography shares the details

Morris Chang once asked Nvidia's Jensen Huang whether he was interested in becoming CEO of TSMC, but he was not, according to the new biography of TSMC founder.

Tom’s Hardware

Why Taiwan Semiconductor Stock is Still a Buy

Taiwan Semiconductor, the world’s largest dedicated contract chip manufacturer with over a 60% market share, recently reported outstanding results that pushed its stock to a record high. TSM reported a 54% year-on-year jump in net profit to $10.1 billion for Q3, exceeding its forecast from just three months ago. It…

Barchart

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Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite 'Damaging' Statement From Donald Trump

Nvidia's stock price jumped nearly 3 percent on Thursday. This bounce back comes after the industry's worst day since 2020.

International Business Times UK

New TSMC chairman CC Wei brands OpenAI's Sam Altman 'too aggressive for me to believe'

The TSMC board elected TSMC CEO Dr CC Wei as the company's new chairperson, and he's controversial from day one.

Tom’s Hardware

TSMC Votes For Chief Executive CC Wei To Also Become Chairman

Wei will be the first person to hold the dual roles for Taiwan Semiconductor Manufacturing Company, which controls more than half the global output of microchips used in everything from smartphones to cars and missiles.

International Business Times

TSMC to charge premium for making chips outside of Taiwan, including its new US fabs, CEO says

TSMC's production services in the U.S., Japan, and Germany will be more expensive than the same manufacturing services in Taiwan, says company.

Tom’s Hardware

Why Taiwan Semiconductor Stock Is Falling After Earnings

Taiwan Semiconductor beat expectations for the first quarter but its stock is notably lower. Here's why.

Kiplinger

TSMC Boosts CoWoS Production 20% to Meet Surging Demand

TSMC has acted to boost CoWoS monthly production capacity by 20% from the new year in response to a flood of orders from Nvidia, AMD, Apple, Broadcom, and Marvell.

Tom’s Hardware

Germany is copying Biden’s CHIPS act with massive factory subsidies—and it’s paying off

TSMC announced a joint venture with three other companies and will start building a factory in Dresden, Germany in 2024.

Fortune

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PC Gamer

TSMC is delaying its Arizona foundry over a lack of skilled workers alongsde a $5.85B income slump

That's a brutal double whammy of a delay to the vaunted N3 production fab in Arizona to 2025 and a drop in its projected revenue.

Benzinga

Twitter Considers Crypto Wallet, Geopolitical Woes To Keep Tesla Shares Volatile, Juul Explores Possible Bailout: Top Stories Tuesday, Oct. 25

Benzinga

The Japan News/Yomiuri

TSMC opens development center in Tsukuba

Taiwan Semiconductor Manufacturing Co. (TSMC) has opened a state-of-the-art semiconductor technology development center in Tsukuba, Ibaraki Prefecture.

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