TSMC Reports 60% Profit Increase in Q1, Exceeds Expectations

Reported 2 days ago

TSMC, the largest contract chipmaker globally, announced a 60% rise in its first-quarter net profit, reaching T$361.6 billion ($11.12 billion), surpassing market expectations due to high demand for semiconductors in AI applications. This marks a significant increase from last year's T$225.5 billion profits.

Source: YAHOO

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