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TSMC Topped Estimates On The Back Of Insatiable AI Demand

Last Thursday, the world’s largest producer of advanced processors issued its first quarter results and they were even better than expected as AI demand continues to go strong. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), whose customers include the AI chip leader, NVIDIA Corporation (NASDAQ: NVDA) as well as the tech titan Apple Inc (NASDAQ: AAPL), expects 2024 to be another year of healthy growth on the back of its technology leadership and broad customer base that al...
Jensen Huangunveiled Apple Inc Intel Corporation Qualcomm Incorporated Taiwan Semiconductor Manufacturing Company Limited Devices Inc
Source: yahoo.com

Chips are like oil, India will need at least 10 fab units, says Ashwini Vaishnaw

Chips are like oil, India will need at least 10 fab units, says Ashwini Vaishnaw : Rashtra News #Chips #oil #India #fab #units #Ashwini #Vaishnaw India will need at least 10 semiconductor fabrication units in the coming years and the government is ready to invest in several more projects, said Minister of Electronics and IT
Ashwini Vaishnaw Vande Bharat Narendra Modi Surabhi Agarwal Atmanirbhar Bharat Raghuram Rajan

TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker, forecast second-quarter sales may rise as much as 30% as it rides a wave of demand chips used in artificial intelligence (AI) applications. Its first-quarter profit also beat estimates.
T Ai Pei Allen Huang Morris Chang Taiwan Semiconductor Manufacturing Co Mega International Investment World News

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