Taiwan's economy seen expanding 5.6% in first quarter on strong exports: Reuters poll [Yahoo! Finance]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Yahoo! Finance
for the technology that powers artificial intelligence (AI) applications, a Reuters poll showed on Monday. Gross domestic product (GDP) is expected to have expanded 5.65% during January-March versus a year-ago period, according to the poll of 18 economists. GDP grew 4.93% year-on-year in the fourth quarter of 2023. Economists' forecast for preliminary GDP data, due on Tuesday, varied from an expansion of 4.2% to as much as 7%. First-quarter exports rose 12.9% year-on-year, compared with the fourth-quarter's annual expansion of just 3.4%, as Taiwan's tech-heavy exporters like chipmakers rode a wave of AI demand. Due to strong exports, the manufacturing sector is getting its wind back and unemployment remains low, SinoPac Securities Investment analyst Mickey Liao said. "The first quarter should see the highest GDP growth this year, slipping back to 3.5% in the second quarter, but let's see how the first quarter has panned out," he added. The government's statistics bureau in
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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