TSMC’s Q1 revenue rise beats market expectations on artificial intelligence boom

Staff Reports | REUTERS Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue on Wednesday, beating market expectations and at the high end of the company’s own guidance as its sales boom on demand for artificial intelligence applications. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge … Continue reading TSMC’s Q1 revenue rise beats market expectations on artificial intelligence boom