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TSMC set to post 50% quarterly profit jump, extend record earnings on insatiable AI demand

TSMC set to post 50% quarterly profit jump, extend record earnings on insatiable AI demand

By Wen-Yee Lee and Ben Blanchard TAIPEI, April 16 (Reuters) - TSMC, the world's largest manufacturer of advanced artificial intelligence chips, will likely notch up a fourth consecutive quarter of record earnings with a 50% surge in net profit for January-March driven by booming demand for AI

Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs

TSMC's Profit Soars Amid Unprecedented AI Chip Demand

TSMC's Profit Soars Amid Unprecedented AI Chip Demand

TSMC's Profit Soars Amid Unprecedented AI Chip Demand

Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AI

Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AI

By Hyunjoo Jin SEOUL, April 15 (Reuters) - South Korean AI chip startup DEEPX will expand its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its second generation of low-power chips, its top executive said, as it gets set for an IPO.

ASML lifts 2026 forecast as surging AI demand boosts new orders for chip equipment

ASML lifts 2026 forecast as surging AI demand boosts new orders for chip equipment

By Nathan Vifflin and Toby Sterling AMSTERDAM, April 15 (Reuters) - ASML, the world’s largest supplier of chipmaking equipment, on Wednesday reported stronger-than-expected first‑quarter earnings and lifted its 2026 revenue outlook, as artificial intelligence boosts demand for its tools.

Wall Street flirts with a record after its big rally the last 2 weeks

Wall Street flirts with a record after its big rally the last 2 weeks

The U.S. stock market is hanging around its record high as Wall Street waits for the next signal on what will happen with the U.S.-Iran war

Nasdaq sets record highs as investors return to tech stocks

Nasdaq sets record highs as investors return to tech stocks

April 15 (Reuters) - The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stocks, signaling a rebound in risk appetite after weeks of concerns over war-related economic disruption and fears about the labor-force impact

TSMC Anticipates Record Profit Amidst AI Chip Demand Surge

TSMC Anticipates Record Profit Amidst AI Chip Demand Surge

TSMC Anticipates Record Profit Amidst AI Chip Demand Surge

TSMC Anticipates Record Profits Amid Surging AI Chip Demand

TSMC Anticipates Record Profits Amid Surging AI Chip Demand

TSMC Anticipates Record Profits Amid Surging AI Chip Demand

Guyasuta Investment Advisors Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in Semiconductor Growth

Guyasuta Investment Advisors Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in Semiconductor Growth

Guyasuta Investment Advisors Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in Semiconductor Growth

ASML investors bet on 'picks and shovels' of AI revolution

ASML investors bet on 'picks and shovels' of AI revolution

By Toby Sterling and Nathan Vifflin AMSTERDAM, April 14 (Reuters) - Investors in, Europe’s most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it reports first-quarter earnings on Wednesday, as demand for artificial intelligence chips keeps orders

Global Pension Assets Reach $68.3 Trillion, U.S. Leads with Significant Growth

Global Pension Assets Reach $68.3 Trillion, U.S. Leads with Significant Growth

Global Pension Assets Reach $68.3 Trillion, U.S. Leads with Significant Growth