Почетна › Forums › Utilization of cultural haritage in tourism › Chip maker TSMC rakes in £16bn of sales as it cashes in on the AI boom
- This topic is empty.
- AuthorPosts
irvinmoore625
GuestAI boom: TSMC supplies semiconductor chips to the likes of Apple and Nvidia
The world’s largest chip maker, Taiwan Semiconductor Manufacturing Co, posted a surge in revenues as it cashed in on the AI boom.
The group, which supplies semiconductor chips to the likes of Apple and Nvidia, raked in £16billion in the three months to the end of June -up 33- per cent on the year before.
The most valuable listed company in Asia, with a market cap of about £650billion, it briefly passed the $1trillion (£780billion) mark this week.
Listed in Taiwan and New York, it makes semiconductors that companies such as Nvidia rely on to make AI computing technology.
Nvidia itself has enjoyed a huge increase in value. In February, it was the fastest company ever to reach a value of $1trillion.
RELATED ARTICLES
Previous
1
Next
Royal Mail chairman Keith Williams is in the firing line,… Labour urged to intervene as Royal Mail axes fleet of trains London Stock Exchange hails shake-up of listing rules as… Bank of England chief economist Huw Pill dents rate cut…
Share this article
Share
HOW THIS IS MONEY CAN HELP
How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Learn More
Learn More
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
Learn More
Learn More
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
Learn More
Learn More
eToro
eToro
Share investing: 30+ million community
Learn More
Learn More
Trading 212
Trading 212
Free share dealing and no account fee
Learn More
Learn More
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, softwarecosmos as we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investing account for you
- AuthorPosts
