Tag

Stock Record

All articles tagged with #stock record

TSMC Hits Record Highs Amid AI Boom and Earnings Surge
business11 months ago

TSMC Hits Record Highs Amid AI Boom and Earnings Surge

Taiwan Semiconductor Manufacturing (TSMC) exceeded Q3 earnings estimates with $2.92 per share on $33.1 billion in sales, driven by strong demand for advanced process technologies and AI chips, leading to a stock surge and record high. The company also provided optimistic guidance for the upcoming quarter, supporting its position as a leading semiconductor supplier for major tech firms.