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-0.000971143174250738 -0.00138734739178682 -0.00138734739178682 -0.00253052164261933 0.00235849056603776 0.00166481687014435 0.00652053274139843 0.00291342952275261
Stock impact report

Taiwan Semi's AI Boom and US Expansion Set to Drive Q1 Earnings Growth [Yahoo! Finance]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Yahoo! Finance
The artificial intelligence boom helped the Apple Inc (NASDAQ: AAPL ) and Nvidia Corp (NASDAQ: NVDA ) supplier to battle the correction of pandemic-induced electronics demand and reach a record high. According to an LSEG SmartEstimate, TSMC will likely report a net profit of T$217.2 billion ($6.71 billion) for the quarter ended March 31, compared to T$206.9 billion last year, Reuters reports. Also Read: Micron's DRAM Supply Temporarily Hit by Taiwan Earthquake, But Long-Term Outlook Remains Strong TSMC recently reported 16.5% revenue growth, surpassing Wall Street estimates and at the high end of the company's guidance. The company boosted its total investment in the U.S. to over 60% to $65 billion, backed by a $6.6 billion federal grant and $5 billion in loans to produce 2-nanometer chips. Taiwan's Eastspring Investments VP Eric Yao credited the $6.6 billion in U.S. subsidies for TSMC's new Arizona plants with helping it maintain its moat, dismissing the prospects of Intel C Show less Read more
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