Taiwanese Chipmaker TSMC Surges on Rising AI Demand, Beats Expectations with 9% First-Quarter Profit Growth

Taiwanese Chipmaker TSMC Surges on Rising AI Demand, Beats Expectations with 9% First-Quarter Profit Growth

TSMC Reports Impressive Q1 Results, Beats Market Expectations with 9% Rise in Net Profit Taipei, Taiwan – TSMC, the world’s largest contract chipmaker, announced its first-quarter financial results on Thursday, surprising the market with a 9% increase in net profit that surpassed expectations. The stellar performance was attributed to the surging demand for semiconductors used … Read more

Australia GDP Grows 0.2% in Q4 2023, Slightly Below Expectations

Australia GDP Grows 0.2% in Q4 2023, Slightly Below Expectations

Australia GDP grows 0.2% in the final quarter of 2023 Australia’s Economy Grows Despite Slowing in 2023 Australia’s economy grew by 0.2% in the fourth quarter of 2023, according to the Australian Bureau of Statistics. This growth was driven by government expenditure and private business investment. However, the growth rate was slightly below the Reuters … Read more

Nvidia’s Earnings Report Drives Surge in Chip Stocks: Super Micro Computer, ASML, AMD, and ARM Holdings See Significant After-Hours Trading Gains

Nvidia’s Earnings Report Drives Surge in Chip Stocks: Super Micro Computer, ASML, AMD, and ARM Holdings See Significant After-Hours Trading Gains

Nvidia Surges as Demand for AI Chips Soars Nvidia Surges as Demand for AI Chips Soars The Rise of Nvidia in the AI Chip Market A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nvidia, the renowned AI chip designer, … Read more

Jim Cramer Answers Stock Questions Rapidly: Check Out MPLX, Taiwan Semiconductor, and Celestica’s Year-to-Date Stock Performance

Jim Cramer Answers Stock Questions Rapidly: Check Out MPLX, Taiwan Semiconductor, and Celestica’s Year-to-Date Stock Performance

Your Respected News Website Mad Money Host Jim Cramer Shares Lightning Round Insights By Your Name Published on October 7, 2022 Introduction It’s that time again! Jim Cramer, the host of “Mad Money,” has just finished answering rapid-fire stock questions from callers. Let’s take a closer look at his lightning round insights that aired recently. … Read more

Nvidia Shares Hit All-Time High as VanEck CEO Sees More Upside Potential in Performance Boosting AI Chips

Nvidia Shares Hit All-Time High as VanEck CEO Sees More Upside Potential in Performance Boosting AI Chips

Nvidia Shares Reach New Record High, Jan van Eck Sees Continued Upside Potential An expert believes Nvidia’s dominance in the AI chip industry positions the stock for further gains Nvidia shares surged to new all-time highs, hinting at potential further growth still to come, according to Jan van Eck, CEO of investment firm VanEck. Van … Read more