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TSMC said first-quarter profit leapt 58% to a record $18.2 billion.
TSMC raised its full-year revenue growth forecast to more than 30% from nearly 30%.
KEY POINTS
- TSMC's Q1 profit hit a record $18.2 billion, up 58% year-on-year and beating expectations.
- Capital expenditure for 2024 will reach the high end of TSMC's $52-56 billion guidance.
- TSMC forecasts Q2 sales of $39-40 billion, up from $36 billion in Q1.
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