Express News | TSMC Q3 profit rises 54%, better than forecasts
TSMC +10% After Q3 Revenue, Earnings Beat Amid Rising Demand For AI Chips
US stocks close: The three major indexes move in different directions, with the Dow Jones continuing to hit new historical highs, and Taiwan Semiconductor surging nearly 10%.
1. Many popular China concept stocks fell, with the Nasdaq China Golden Dragon Index dropping by 3.61%; 2. Meta collaborates with Hollywood's Blumhouse to develop an AI movie generation model; 3. Is "Optimus Prime" a marketing gimmick? Tesla's official release video attempts to respond to doubts; 4. Nvidia hit a new intraday high, but the closing gain narrowed to 0.89%.
TSMC Posts Record Profit as AI Boom Continues -- Update
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The logic of the ai chip is too strong! Both asml holding and taiwan semiconductor's performance are very bullish for nvidia (NVDA.US).
On Thursday, nvidia, the dominant player in ai chips, hit a record high driven by taiwan semiconductor's strong financial report.
US stocks are on the move | Q3 performance and Q4 guidance both exceeded market expectations, taiwan semiconductor (TSM.US) surged more than 10%.
On Thursday, Taiwan Semiconductor (TSM.US) surged over 10% at the opening, with the stock price reaching $200, hitting a historical high. As of the time of publication, it is up 10.59%, trading at $207.33.
Express News | Benzinga Market Summary: ECB Cuts Rates, Chip Stocks Gain After Strong Guidance From TSM, Sept. Retail Sales Beat Estimates
Nasdaq futures rose more than 1% before the market opened, taiwan semiconductor stunning performance boosting the technology sector | Tonight's Highlights
1. Taiwan Semiconductor's pre-market surge of nearly 9%, poised to reach a new historical high; 2. Nvidia rose over 3%, Broadcom, AMD rose by about 2.9%; 3. Intel responds to security concerns: will maintain communication with relevant departments; 4. Northwestern University in the usa sues Moderna for infringement of its LNP patent technology.
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U.S. Stock Market Outlook: All three equity index futures rise together, September retail data will be released tonight
On October 17th (Thursday) pre-market trading, the three major US equity index futures all rose together.
Capacity is still in short supply! Taiwan semiconductor opposes the "AI bubble theory" and states that demand is "just beginning".
1. Taiwan Semiconductor announced its third-quarter financial results today, with all data exceeding market expectations; 2. Wei Zhejia pointed out that artificial intelligence is a reality, and expects fourth-quarter business to continue to be supported by cutting-edge technology; 3. Currently, Taiwan Semiconductor's advanced process and advanced packaging capacity are in short supply, with future capital expenditures expected to increase.
AI Boom Is Real -- and Really Profitable -- Says Chip Maker TSMC -- WSJ
Taiwan Semi Soars After AI Demand Boosts Outlook; Q3 Results Draw Analysts' Praise
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