semiconductor / news / / The Manila Times
Taiwan Semiconductor Manufacturing Co. (TSMC) posts 58-percent jump in first-quarter profit to record levels.
TSMC reported a record NT$572.5 billion Q1 profit, surpassing analyst estimates by a significant margin.
KEY POINTS
- Revenue from TSMC's 3-nanometer chips now accounts for 25% of company sales, up from 6% in Q3 2023.
- TSMC will manufacture advanced 3-nanometer chips in Japan, a change from earlier plans for mature nodes.
- TSMC's market capitalization has reached approximately $1.7 trillion, nearly double Samsung Electronics'.
- TSMC is investing $165 billion in building chip factories in Arizona, indicating long-term expansion.
COMPANIES
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