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Stock impact report

TSMC Posts First Profit Growth in a Year After Global AI Boom [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted its first profit rise in a year, after strong AI demand revived growth at the world's biggest contract chipmaker. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Elon Wants His Money Back Bankers Hit With Millions in Breakup Fees for Ditching New Jobs The main chipmaker to Apple Inc. and Nvidia Corp. recorded a 9% rise in net income to NT$225.5 billion ($7 billion) in the first three months of the year, surpassing an average analyst estimate of NT$214.9 billion. Taiwan's largest company last week disclosed its fastest sales growth since 2022, suggesting demand for the chips that accelerate artificial intelligence development is beginning to offset the fallout from a smartphone market slump. Apple, which accounted for about a quarter of its rev Show less Read more
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