AIBullishBlockonomi · Apr 107/10
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Taiwan Semiconductor (TSM) Stock Soars on 45% Revenue Surge Fueled by AI Boom
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 45% year-over-year revenue increase in March to $13.07 billion, with Q1 revenue of T$1.134 trillion exceeding analyst estimates. The surge is primarily driven by accelerating demand for AI chips, positioning TSMC as a critical beneficiary of the AI infrastructure boom.