TSMC posts 58% quarterly profit jump, beating market expectations
Cătălin Roșioru
TAIPEI, April 16 : TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 58 per cent jump in first-quarter profit to record levels that handily beat market forecasts. Benefiting from surging demand for advanced chips used in artificial intelligence applications, Taiwan Semiconductor Manufacturing Co said net profit for January-March climbed to T$572.5 billion ($18.2 billion), its eighth straight quarter of double-digit growth. That was well
astăzi