TSMC stock explodes as AI chip demand propels record-breaking revenue surge in Q3 2024

TSMC stock explodes as AI chip demand propels record-breaking revenue surge in Q3 2024

Taiwan Semiconductor Manufacturing Company (TSMC) is experiencing a meteoric rise in its revenue and stock price, driven by unprecedented demand for artificial intelligence (AI) chips. The chipmaker’s Q3 2024 earnings report revealed a staggering 34% year-on-year increase in revenue, reaching approximately $23 billion. This impressive financial result is largely attributed to TSMC’s leadership in producing […]

SK hynix collaborates with TSMC on advanced memory technology

SK hynix collaborates with TSMC on advanced memory technology

In a significant development in the semiconductor industry, SK hynix Inc. has announced a strategic memorandum of understanding with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at enhancing the production capabilities of High Bandwidth Memory (HBM) through advanced packaging technologies. This collaboration is set to focus on the development of HBM4, the sixth generation of HBM […]

TSMC leads multi-billion dollar expansion with second fab in Kumamoto, Japan

TSMC leads multi-billion dollar expansion with second fab in Kumamoto, Japan

In a significant move to address the escalating demand for semiconductors, TSMC (TWSE: 2330, NYSE: TSM), together with Sony Semiconductor Solutions Corporation (“SSS”), DENSO Corporation (“DENSO”), and Toyota Motor Corporation (“Toyota”), has announced an additional investment into Japan Advanced Semiconductor Manufacturing, Inc. (“JASM”), TSMC’s majority-owned subsidiary located in Kumamoto Prefecture, Japan. This investment is aimed […]

Amkor Technology announces $2bn advanced packaging facility in Peoria, Arizona

Amkor Technology announces $2bn advanced packaging facility in Peoria, Arizona

Amkor Technology, Inc., a leader in semiconductor packaging and test services, has announced its significant investment plan for an advanced packaging and test facility in Peoria, Arizona. The project, marking a substantial commitment to the US semiconductor industry, is projected to involve approximately $2 billion in investment and create about 2,000 jobs. Largest Outsourced Advanced […]

Dresden gears up: TSMC, Bosch, Infineon, and NXP announce joint semiconductor investment

Dresden gears up: TSMC, Bosch, Infineon, and NXP announce joint semiconductor investment

In a monumental move strengthening the European semiconductor arena, global tech leaders including TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors have unveiled their strategic blueprint to collectively funnel their resources into the European Semiconductor Manufacturing Company (ESMC) GmbH, based in Dresden, Germany. This collaboration, part of the European Chips Act framework, is prepping the […]