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-0.000386398763524045 0 -0.000540958268933487 0.000154559505409662 -0.0013910355486863 0.000309119010819104 0.00115919629057191 0.00077279752704787
Stock impact report

TSMC's stalled Arizona chip factory is 'well on track' to start production next year — and it'll be charging more for US-made chips [Business Insider]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
TSMC plans to charge more for chips made outside Taiwan to combat higher manufacturing costs. Things may be starting to look up for the world's leading chipmaker Last year, Taiwan Semiconductor Manufacturing Company reported its first profit decline in four years. But on April 18, the company reported its strongest sales growth since 2022, and rising quarterly profits that beat expectations. The Taiwan-based TSMC also forecast that second-quarter sales could rise as much as 30% on the backs of "insatiable" demand for chips used to power AI technologies like ChatGPT. But for the US, in particular, the most important detail from the call may have been the update on the construction timeline of TSMC's Arizona chips factories . TSMC said it had made "significant progress" on the construction of its first Arizona factory — located in the Phoenix area — and that it was "well on track" to begin producing chips in the first half of 2025. The company said engineering wafer production be Show less Read more
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