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Stock impact report

TSMC first-quarter net profit jumps 90.6% [Reuters]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Reuters
TSMC first-quarter net profit jumps 90.6% TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC),, the world’s largest contract chipmaker, posted a 90.6% rise in first-quarter net profit on Thursday on strong demand for faster chips. TSMC, whose clients include tech companies such as iPhone maker Apple Inc, said profit in the January to March period was T$116.98 billion ($7.11 billion). That is higher than the T$105.83 billion average of 19 analyst estimates compiled by Refinitiv. Revenue rose 45.2% to $10.31 billion, versus the company’s previous estimated range of $10.2 billion to $10.3 billion. Show less Read more
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