Taiwan's TSMC posts 9% profit rise in Q1

Taipei (AFP) April 18, 2024

Taiwanese chipmaking giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024. Taiwan Semiconductor Manufacturing Company - whose clients include Apple and Nvidia - controls more than half the world's output of silicon wafers, used in everything from smartphones and cars to missiles. The company said Thursday its net profit increased 8.9 per