Latest news with #chipmaker
Yahoo
2 days ago
- Business
- Yahoo
TSM Reports Record Profits, Lifts Forecast — But Stays Cautious
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the . On July 15, Reuters reported that TSMC is anticipated to post a 52% jump in second-quarter profit, reaching record levels. However, U.S. tariffs and a strong Taiwan dollar could weigh on its outlook. Mario Morales, group vice president at research firm IDC, noted that AI-related demand and the growing foundry industry revenue may lead to TSMC's sales growing by nearly 30%. The contract chipmaker and key supplier to Nvidia and Apple was anticipated to report net profit of T$377.4 billion ($12.9 billion) for the three months through June 30, as per an LSEG SmartEstimate compiled from 21 analysts. Subsequently, the company posted a nearly 61% year-on-year rise in second-quarter profit, hitting a record high of NT$398.27 billion, and surpassing estimates on the back of resilient demand for AI chips. The contract chip manufacturer guided third-quarter revenue between $31.8 billion and $33.0 billion, which is a 38% year-over-year increase. A stock broker on a trading floor, working to capture profit in the markets. According to TSMC CEO C.C. Wei, TSM anticipates its full-year 2025 revenue to rise by around 30% in U.S. dollar terms artificial intelligence growth and demand for its artificial intelligence technologies. 'The primary driver of growth for TSMC has been the robust demand for AI-related chips, particularly for the leading edge nodes below 7nm." -Brady Wang, associate director at Counterpoint Research. However, potential headwinds from the trade policy of U.S. President Donald Trump, who has threatened steep 'reciprocal tariffs' on Taiwan, are still a reality. 'Looking into second half of 2025 we have not seen any change in our customers behavior so far. However, we understand there are uncertainties and risk from the potential impact of tariff policies,' Wei said on Thursday. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells advanced chips used in artificial intelligence applications. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
NHK
2 days ago
- Business
- NHK
TSMC posts record sales, profit for 2nd quarter
The world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Company, has posted record sales and net income for the three months through June. The sixth straight quarter of increases came on the back of robust demand for chips used in artificial intelligence. TSMC announced on Thursday that revenue rose 38.6 percent from a year earlier to 933.7 billion New Taiwan dollars, or about 31.7 billion dollars, for the second quarter. Net profit soared 60.7 percent year-on-year to 398.2 billion New Taiwan dollars, or about 13.5 billion dollars. TSMC says demand for advanced semiconductors for AI and other technologies will continue to be strong for the next three months through September. Chief Executive Officer C.C. Wei noted that the construction of a second semiconductor plant in the Japanese prefecture of Kumamoto is scheduled to start later this year, subject to the readiness of the local infrastructure.
Yahoo
2 days ago
- Business
- Yahoo
Nvidia Supplier TMSC Boosts Outlook for Revenue Amid Strong AI Demand
KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continuesd to fuel results at the world's largest contract chipmaker. CEO C.C. Wei said he saw full-year sales growth of around 30% in U.S. dollar terms, up from around mid-20% levels previously. TSMC's second-quarter earnings per share and revenue came in higher than Semiconductor Manufacturing Co. (TSM) boosted its full-year revenue growth projection to around 30%, with strong AI demand fueling results at the world's largest contract chipmaker. TMSC's forecast sent shares in the Taiwan-based supplier to tech heavyweights Apple (AAPL) and Nvidia (NVDA) almost 4% higher in premarket trading Thursday. The shares have risen roughly 18% this year so far. The company expects its 2025 revenue to rise around 30% in U.S dollar terms, TSMC CEO C.C. Wei said in the company's second-quarter earnings call, according to a transcript provided by AlphaSense. In April, Wei had said he expected the chipmaker's full-year revenue to rise by "close to mid-20s percent." The chipmaker said it expects revenue of between $31.8 billion and $33 billion during the third quarter. At the midpoint of the range, that was higher than Visible Alpha's consensus estimate of 932.04 billion New Taiwan dollars, or about $31.67 billion. Meanwhile, the company registered second-quarter earnings per share of 15.36 New Taiwan dollars on revenue that rose 39% year-over-year to NT$933.79 billion. Analysts polled by Visible Alpha expected NT$14.6 and NT$929.79 billion, respectively. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Times of Oman
2 days ago
- Business
- Times of Oman
TSMC profit surges 61% fuelled by AI chip, high performance computing demand
New Delhi: Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker on Thursday reported strong financial results for the second quarter of 2025, with the company profit surging 61 per cent as accelerating demand for advanced semiconductor technologies, particularly in artificial intelligence (AI) and high-performance computing (HPC) continued to drive performance. Commenting on the results, Wendell Huang, Senior Vice President and Chief Financial Officer of TSMC, said, "Our business in the second quarter was supported by continued robust AI and HPC-related demand. Moving into the third quarter, we expect our business to be supported by strong demand for our leading-edge process technologies. For the quarter ending June 30, 2025, TSMC posted consolidated revenue of NTD 933.79 (USD 31.73) billion, marking a 38.6 per cent increase compared to the same quarter last year. Revenue also rose by 11.3 per cent from the previous quarter. Net income for the period reached NTD 398.27 (USD 13.53) billion, representing a significant year-over-year growth of 60.7 per cent. Diluted earnings per share (EPS) stood at NTD 15.36, or USD 2.47 per American Depository Receipt (ADR) unit, also up 60.7 per cent compared to Q2 2024. The company's profitability remained strong, with a gross margin of 58.6 per cent, an operating margin of 49.6 per cent, and a net profit margin of 42.7 per cent. TSMC's advanced semiconductor nodes continued to contribute the bulk of its wafer revenue. In the second quarter, 3-nanometer technology accounted for 24 per cent of total wafer revenue, while 5-nanometer contributed 36 per cent, and 7-nanometer added another 14 per cent. Altogether, advanced technologies, defined as 7-nanometer and more advanced, represented 74 per cent of TSMC's wafer revenue, underscoring the company's leadership in cutting-edge chip manufacturing. Looking ahead, the company expects continued growth in the third quarter of 2025. Based on current business conditions and assuming an exchange rate of NTD 29.0 to USD 1, TSMC forecasts revenue to be in the range of USD 31.8 billion to USD 33.0 billion. The company anticipates a gross profit margin between 55.5 per cent and 57.5 per cent, and an operating profit margin between 45.5 per cent and 47.5 per cent.
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Stocks to Watch Thursday: TSMC, United Airlines, Sarepta
↗️ TSMC (TSM): The world's largest contract chip maker delivered a record profit last quarter, as demand held up despite tariff-related uncertainty. Its American depositary receipts rallied premarket, as did shares of Nvidia (NVDA), which TSMC supplies. ↘️ United Airlines (UAL): The carrier posted better-than-expected adjusted quarterly earnings, but its annual outlook disappointed. The stock dropped 3% ahead of the open. ↗️ Sarepta Therapeutics (SPRT): The gene-therapy company changed its executive team and said it will lay off about one-third of its workforce. The restructuring is expected to save $400 million a year. Shares jumped 30% in premarket trading.
