Technology

TSMC reports a record ~$17B in Q1 revenue, up 36% YoY and above estimates, boosted by increased demand for chips as the prolonged shortage helped raise prices (Betty Hou/Bloomberg)

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Betty Hou / Bloomberg:

TSMC reports a record ~$17B in Q1 revenue, up 36% YoY and above estimates, boosted by increased demand for chips as the prolonged shortage helped raise prices  —  Taiwan Semiconductor Manufacturing Co. revenue rose to a record in the first quarter on demand for chips used in smartphones …



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