TSMC announced its second quarter figures, showing that it maintained its dominant position in the market and that the demand for its products increased.
TSMC (Taiwan Semiconductor Manufacturing Company) also showed the company’s strength in the market while announcing its financial results for the second quarter of 2024. TSMC increased its net sales by 40.1% 20.88 billion US dollars level. Gross profit, up 37.6% 11.10 billion US dollars It was recorded as . The company’s operational revenue increased by 41.9% to US$ 8.88 billion. Net income increased by 36.3% to US$ 7.68 billion.
TSMC, With a market value of US$ 836.35 billion It was the 9th most valuable company in the world and recently surpassed the $1 trillion mark and rose to the 8th place. The company’s CEO, Dr. CC Wei pointed out that although the company is having a good time financially, raises are on the way.
TSMC is preparing to raise money
Weiin his statement “Our customers’ success brings TSMC’s success. We will work closely with our customers and suppliers in the face of increasing cost challenges,” said.
TheNextPlatform’dan Timothy Prickett MorganEmphasizing TSMC’s potential, he commented, “TSMC should purchase Arm and establish its own cloud service.” Such a move reveals TSMC’s potential to go beyond being just a foundry service provider. On the other hand, it does not seem likely that such a move would pass anti-trust investigations. TSMC, Intel, NVIDIA ve AMD It also provides services to companies such as.
RELATED NEWS
iPhone Prices May Increase: TSMC Will Receive More Money from Companies Requesting Non-Taiwan Chip Production
RELATED NEWS
NVIDIA, Samsung, Intel, TSMC… The Biggest Companies in the Chip Industry Explained Why the Worldwide Crisis
Source :
https://www.techradar.com/pro/maybe-tsmc-should-buy-arm-sleeping-giant-that-makes-tens-of-millions-of-chips-for-intel-nvidia-amd-reveals-staggering-profits-and-hints-at-a-price-hike-to-please-shareholders
Source link: https://www.webtekno.com/tsmc-2024-ikici-ceyrek-h147113.html