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TSMC Shares Gain On $100 Bln US Investment

TSMC Shares Gain On $100 Bln US Investment

Shares of Taiwan Semiconductor Manufacturing Co. or TSMC were gaining around 2 percent in the pre-market activity on the NYSE after the chipmaker announced its additional $100 billion investment in the United States to build five more facilities for advanced chip manufacturing, as part of the ongoing efforts in the country to boost artificial intelligence.
RTTNews | vor 14Std 13 Minuten
TSMC Q4 Profit Drops, Revenues Flat, But Stock Up In Pre-market

TSMC Q4 Profit Drops, Revenues Flat, But Stock Up In Pre-market

Taiwan Semiconductor Manufacturing Co. Ltd. or TSMC reported Thursday that its fourth-quarter profit declined from last year, while revenue was essentially flat. The earnings and top line were better than market expectations. Sequentially, profit and revenues increased from last year. Looking ahead for the first quarter, the company projects sequentially lower revenues.
RTTNews | vor 411 Tagen
Apple To Be First And Largest Customer Of Amkor's $2 Bln Chip Packaging Plant

Apple To Be First And Largest Customer Of Amkor's $2 Bln Chip Packaging Plant

Apple Inc. announced it will be the first and largest customer of Amkor Technology, Inc.'s new $2 billion advanced silicon manufacturing and packaging facility being developed in Peoria, Arizona. The expanded partnership supports the tech major's efforts to manufacture its products in the United States. The new facility, which is expected to employ around 2,000 people upon completion, will package
RTTNews | vor 459 Tagen
TSMC Delays Start Of Chip Production In Arizona Plant

TSMC Delays Start Of Chip Production In Arizona Plant

Chip giant Taiwan Semiconductor Manufacturing Co Ltd. or TSMC has delayed its plan to initiate production at its factory in Arizona State, citing a shortage of skilled workers. The chip production, which was expected to start in 2024, has now been pushed to 2025. TSMC's planned fab in Arizona started construction in April 2021 with an aggressive schedule for mass production of chips
RTTNews | vor 592 Tagen
Apple To Use US-made Microchips From TSMC's New Arizona Factory

Apple To Use US-made Microchips From TSMC's New Arizona Factory

Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory.
RTTNews | vor 818 Tagen