TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts - Reuters
TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts Reuters
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<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxQSzk0RHdEN2J2UWc3VERKU2JXWnBVamg3UWtGclBxVWxoeFQ0dTExOVlRN1RNTlo4WmNPc0xBWlpxQUduVkQtTHZZYlRwNE43VzhMVjA4dUVRNlZ3a3dIa21rVFdjb3VIVlVIeXd1Z0NVQkxpVzdOM1JiYkN2Y0lNX3k1czBlTDZQZ2VfTU5DeVZkZUlPVTVSWndldkJjczVyWlhYTTI4Q3k?oc=5" target="_blank">TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts</a> <font color="#6f6f6f">Reuters</font>
TSMC reported first-quarter revenue of T$1.134 trillion ($35.71 billion), a 35% increase from the previous year, surpassing market expectations due to heightened demand for AI applications.
TSMC's March revenue increased by 45.2% year-on-year to T$415.19 billion ($13.07 billion), contributing to a first-quarter revenue of T$1.13 trillion, exceeding market expectations, driven by AI-related demand.
TSMC's first-quarter net profit rose 60% to T$361.6 billion ($11.12 billion), surpassing market forecasts, fueled by strong demand for semiconductors used in AI applications.
TSMC reported a 35% surge in first-quarter revenue, surpassing market expectations, driven by strong demand for artificial intelligence applications.
TSMC faces unprecedented demand amid an AI-driven sales surge, leading to capacity constraints and accelerated expansion plans.
TSMC's first-quarter revenue rose by 16.5%, exceeding forecasts, fueled by increased demand for AI applications.
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