Nvidia, chip stocks rally after TSMC's blowout earnings

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Nvidia, chip stocks rally after TSMC's blowout earnings

TSMC reported a 54% increase in net profit, as global chipmakers continue to benefit from demand driven by AI applications.

In a statement, TSMC said that in the third quarter, “our business was supported by strong smartphone and AI-related demand for our industry-leading 3nm and 5nm technologies,” referencing its semiconductor nodes. TSMC now expects its capital expenditure for this year to increase to slightly more than $30 billion, as mentioned during the earnings call. The firm's capital expenditures rose to $6.4 billion in the third quarter, up from $6.36 billion in the previous three months.

The company’s solid Q3 print has helped improve investor sentiment following recent disappointing guidance and results by European chipmaker ASML (AS:“The fact that ASML guided so low put some doubt into investors as to whether or not this AI demand is as big as everyone is predicting. And it puts a spotlight on guidance for every other semiconductor company that reports moving forward,” Marino commented.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 450. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Nvidia falls as Beijing discourages local companies from buying Nvidia chipsNvidia falls as Beijing discourages local companies from buying Nvidia chips - BBG
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

US stock futures edge lower with TSMC earnings on tapUS stock futures edge lower with TSMC earnings on tap
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »