Skip to content

“TSMC set to report 5% rise in first quarter profit on strong AI chip demand” (TSM)

  • by

Author: climateer
TSMC earnings were expected to be flat to up 5% so possibly a small beat.From Reuters via Yahoo Finance, April 17/18: Analysts expect first-quarter profit of $6.7 blnQ1 revenue jumps, beats market expectationsStock price has surged on chip demand for AI applicationsTSMC announces third fab in Arizona, gets US subsidiesEarnings call at 0600 GMT on Thursday(Adds detail on capex and ASML
Go to Source