Taiwan Semiconductor Begins 4nm Chip Production in Arizona, Eyes $11.4 Billion Q4 Profit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2025
0mins
Source: Benzinga
TSMC's Expansion in Arizona: Taiwan Semiconductor Manufacturing Co (TSMC) has started producing advanced 4-nm chips in Arizona, backed by a $6.6 billion grant and plans to invest $65 billion by 2030, aiming to create 6,000 jobs across three fabs.
Market Impact and Revenue Growth: TSMC expects significant revenue growth, projecting quarterly earnings between $26.1 billion and $26.9 billion, while its stock has surged 105% over the past year despite a recent decline.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
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Current: 299.240
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Current: 299.240
Low
239.00
Averages
306.89
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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