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TSMC reports Q1 revenue up 16.5% YoY to ~$18.87B, vs. ~$18B est., net income up 8.9% YoY to ~$6.97B, vs. ~$6.6B est., and expects strong AI chip demand in Q2

Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter …

CNBC Sheila Chiang

Discussion

  • @economyapp @economyapp on x
    $TSM TSMC Q1 FY24: • Revenue +17% Y/Y $18.9B ($0.3B beat). • Gross margin 53% (-3pp Y/Y). • Operating margin 42% (-3pp Y/Y). • Capex $5.8B. • EPADR $1.38 ($0.06 beat). 3nm & 5nm were 9% & 37% of revenue. [image]