Iedm 2024 Tsmc Stock. Tsmc, a leading semiconductor foundry, is witnessing underperformance in revenue and share price, and it plans to increase chip prices in 2024. Taiwan chip giant tsmc said on thursday (jul 18) net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for.
Tsmc reported strong 2q24 results, exceeding guidance and consensus expectations. As ai gaint nvidia etches a new buy point, tsmc returns to growth mode, pushing tsm stock toward a breakout of its own.