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TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
TSMC reports net profit rose 57% in fourth quarter amid surging AI technology demand
TAIWANESE chipmaking giant TSMC on Thursday (Jan 16) announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Read more at The Business Times.
TSMC Reports Strong Q4 Profit Amid Rising AI Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted a stronger-than-expected Q4 profit, fueled by robust demand for AI-driven advanced chips. Net income surged 57% to T$374.
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. Net revenue for the fourth quarter rose 38.
1d
on MSN
JPMorgan's net income jumps 50% to more than $14 billion in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
1h
PNC Financial's profit rises on interest income growth, lower rainy-day funds
PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set aside less ...
2h
UnitedHealth Group 2024 Profits Hit $14 Billion Despite Cyberattack, Rising Costs
UnitedHealth Group reported $14.4 billion in 2024 profits as its portfolio of health insurance and provider services overcame ...
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7m
Havells Q3 Results | Net profit falls 3%; declares dividend, misses estimates
The electrical goods maker fell short of expectations on all parameters. Shares of Havells India Ltd ended at ₹1,557.30 up by ...
1h
Axis Bank's Q3FY25 results: Net profit rises 4% to Rs 6,034 crore
Gross non-performing assets (NPAs) stood at 1.46 per cent at the end of the December quarter, and net NPAs stood at 0.35 per ...
1h
on MSN
LTIMindtree Q3 results: Net profit falls 7% to Rs 1,085 cr, revenue up 7.1%
Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by ...
1h
LTIMindtree Q3 results: Net profit falls 7% to Rs 1,086 crore, revenue rises 7%
LTIMindtree’s order book grew to $1.68 billion, its highest quarterly deal wins. This is an increase of 29% sequentially.
42m
on MSN
BofA Investment Bankers Boost Earnings as Lending Income Rises
Bank of America Corp. posted fourth-quarter profit that topped analysts’ estimates as investment-banking fees hit the highest ...
1d
JPMorgan Chase’s Profit Jumps 50%
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings ...
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