semiconductor / news / / Euronews
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a fourth consecutive quarter of record profits on Thursday.
TSMC posted a fourth straight quarter of record profits driven by surging AI chip demand.
KEY POINTS
- Q1 net profit jumped 58.3% year-over-year to NT$572.48bn, significantly beating analyst estimates.
- TSMC raised full-year guidance and expects Q2 revenue between $39bn and $40.2bn, up from Q1.
- Geopolitical tensions threaten to raise chemical and gas prices, potentially affecting TSMC's profitability.
- TSMC continues to diversify suppliers and holds safety stock to minimize potential supply chain disruptions.
COMPANIES
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