TSM stock price: TSMC shares jump as Q4 revenue and profit beat on strong AI demand and advanced chip sales
Chips that are powerful enough to run AI servers are in high demand, helping propel Taiwan Semiconductor Manufacturing’s stellar financial results.
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are up in premarket trading Thursday after the company announced its Q4 2024 earnings results. As of the time of this writing, TSMC shares (NYSE: TSM) have jumped over 5% in premarket trading to around $217.64—close to the company’s all-time high stock price of just over $222 per share. Here’s what you need to know.