Taiwan April exports up less than expected, but shipments to US hit record [Reuters]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Reuters
intelligence-related products had shipments to the United States surging to a record. The Finance Ministry said it expects stable growth in exports for the first half of the year, adding demand created by new technologies reliant on AI and high-performance computing would offset the impact of high interest rates and geopolitical tensions on the global economy. Exports climbed 4.3% from a year earlier to $37.5 billion, gaining for a sixth straight month, data showed on Wednesday. That was below a forecast of 10.2% in a Reuters poll and an 18.9% gain in March. The ministry predicted that exports in May could rise between 7% and 10% from a year earlier. Exports to the United States leapt 81.6% to $10.2 billion, compared with a 65.7% surge in March. Taiwanese firms such as TSMC , , the world's largest contract chipmaker, are major suppliers to Apple , Nvidia and U.S. tech giants. The value figure for exports to the U.S. was not too far off the $11.3 billion worth of exports to
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TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 5/15/24 - Form 6-K
- 5/10/24 - Form 6-K
- 5/10/24 - Form 6-K
- TSM's page on the SEC website