Page 13 - Tsmc News Today

TSMCs Q1 revenue surged 16.5% to T$592.64 billion, surpassing estimates. Market cap at $662B. Anticipated 4% Q1 net profit rise. High demand for AI applications drove the revenue increase.

TSMC: Revenue in the first three months of this year came in at T$592.64 billion ($18.54 billion), up from $16.72 billion in the year-ago period.

Rest of World News: For years, the semiconductor supply chain depended largely on just a few factories in Taiwan, which China claims as part of its territory. Then, the C

European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with...

The US has announced funding of US$6.6 billion to help Taiwan Semiconductor Manufacturing Company, the world's biggest manufacturer of semiconduct...

TSMC’s projects in Arizona have become increasingly entwined with Biden’s campaign message on revitalizing the economy.

Samsung Electronics is expected to receive more than $6 billion in subsidies from the U.S. government for its semiconductor investments in the country, marking its entry into the heated competition for chip investments alongside Intel and TSMC, according to media reports on Tuesday.

WASHINGTON/TAIPEI -- Buttressed by a U.S. federal grant of $6.6 billion, Taiwan Semiconductor Manufacturing Co. has agreed to increase its U.S. invest

The US Commerce Department has signed an accord with Taiwan Semiconductor Manufacturing Company (TSMC) to build the worlds most advanced semiconductors at Arizona in Phoenix by the end of 2030, and has awarded $6.6 billion as a subsidy.

The preliminary CHIPS award is noteworthy for confirming that TSMC will not only build semiconductor fabrication facilities or “fabs” in the U.S., but also deploy its most advanced technology in development.