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on Friday posted another quarter of record revenue driven by demand for AI chips.
TSMC's Q1 revenue reached $35.6 billion, surpassing analyst forecasts and marking a 35% annual increase.
KEY POINTS
- TSMC has reportedly raised prices for its most advanced chips, significantly boosting first-quarter sales.
- Analysts forecast TSMC's Q1 gross margins to reach 64%, driven by AI chip demand and price hikes.
- Despite more companies designing their own chips, most manufacturing still relies on TSMC and a few competitors.
COMPANIES
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