UPDATE 1-Chinese chip maker SMIC says revenue up 20% as clients restock [Yahoo! Finance]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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tsmc.com/english/investorrelations/index.htm
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Source: Yahoo! Finance
BEIJING, May 9 (Reuters) - China's largest contract chipmaker SMIC reported a first-quarter revenue rise of 19.7% on Thursday, as its global customers rebuilt their inventories. SMIC said in a statement that its revenue rose to $1.75 billion for the three months through March, topping the $1.69 billion forecast by analysts polled by LSEG. The global semiconductor industry has shown signs of recovery from a post-pandemic era of slower growth. "In the first quarter 2024, our global customers are more willing to build up inventory," SMIC said, adding that demand from some is expected to continue in the current quarter. Global semiconductor sales rose by 15% to $137.7 billion in the first quarter of 2024, the Semiconductor Industry Association said, with China experiencing a significant sales increase of 27.4% compared to the same period last year. The boom in artificial intelligence (AI) has also led to a spike in demand for high-performance AI chips. However, most of SMIC's
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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