TSMC Q1 profit rises 58 percent to record 18.2 billion
TSMC reported a record first quarter net profit of 18.2 billion dollars today. The 58 percent jump beat analyst forecasts amid high demand for AI processors.
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Taiwan Semiconductor Manufacturing Co (TSMC), the world's leading contract chipmaker, reported a record-breaking 58% surge in first-quarter net profit on Thursday. The company's performance exceeded market expectations, driven by the global expansion of artificial intelligence infrastructure and the resulting demand for advanced processors.
