TSMC posted its fourth consecutive quarter of record profits, with net income up 58% and revenue reaching $35.9 billion. The company also guided Q2 revenue to $39 billion-$40 billion, implying continued sequential growth from an already record base. The results reinforce strong demand tied to AI-driven semiconductor spending and should support sentiment around the stock and broader chip supply chain.
TSMC posted its fourth consecutive quarter of record profits, with net income up 58% and revenue reaching $35.9 billion. The company also guided Q2 revenue to $39 billion-$40 billion, implying continued sequential growth from an already record base. The results reinforce strong demand tied to AI-driven semiconductor spending and should support sentiment around the stock and broader chip supply chain.
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strongly positive
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0.82
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