TSMC posts a jaw-dropping 58% profit rise on AI demand

The artificial intelligence boom is not slowing down, and Taiwan Semiconductor Manufacturing Company’s latest earnings report makes that unmistakably clear. TSMC, the world’s largest contract manufacturer of advanced chips, reported a 58% leap in first-quarter profit today, delivering its fourth consecutive record quarter and its eighth straight period of double-digit growth. Net income for the […] The post TSMC posts a jaw-dropping 58% profit rise on AI demand appeared first on Rolling Out.

TSMC posts a jaw-dropping 58% profit rise on AI demand

The artificial intelligence boom is not slowing down, and Taiwan Semiconductor Manufacturing Company’s latest earnings report makes that unmistakably clear. TSMC, the world’s largest contract manufacturer of advanced chips, reported a 58% leap in first-quarter profit today, delivering its fourth consecutive record quarter and its eighth straight period of double-digit growth. Net income for the […]

The post TSMC posts a jaw-dropping 58% profit rise on AI demand appeared first on Rolling Out.