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TSMC Q1 PROFIT SURGES 58% ON AI CHIP DEMAND

Taiwan Semiconductor Manufacturing Company reported first-quarter net income of ~$18B, up 58.3% year-over-year and above analyst estimates. Revenue reached ~$35B, a 35.1% increase, driven by strong demand for advanced chip manufacturing.

1 SOURCEFIRST SEEN APR 16, 09:10 AM► READ THE ARTICLE

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TSMC reports Q1 revenue up 35.1% YoY to ~$35B, net income up 58.3% YoY to ~$18B, both above est., and says 7nm or smaller chips were ~74% of its wafer revenue (Dylan Butts/CNBC)

Dylan Butts / CNBC: TSMC reports Q1 revenue up 35.1% YoY to ~$35B, net income up 58.3% YoY to ~$18B, both above est., an…

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