Reported 11 months ago
Taiwan Semiconductor Manufacturing Company (TSMC) announced its May revenue, reaching around NT$229.62 billion, a record high for the same period, with a 27% year-on-year growth, totaling NT$1.58386 trillion for the first five months of the year. The newly appointed chairman, Wei Zhejia, suggested a potential increase in the price of AI chip manufacturing services considering the importance of TSMC's role in production and discussions with Nvidia's CEO Huang Renxun. Additionally, TSMC plans to buy back 3,249 shares between June 6 to August 5 to offset dilution from new employee stock issues which affected their stock performance.
Source: YAHOO