business / news / / Reuters
World's largest contract chipmaker, TSMC, reported first-quarter revenue of T$1.134 trillion ($35.71 billion) January-March revenue of.
TSMC's Q1 revenue rose 35% year-on-year to T$1.134 trillion, beating analyst forecasts.
KEY POINTS
- Surging demand for AI applications drove TSMC's revenue growth, offsetting weaker consumer electronics demand.
- TSMC's Q1 revenue exceeded the LSEG SmartEstimate and matched its January guidance in USD.
- TSMC will provide a full Q1 earnings report and updated outlook on April 16.
COMPANIES
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