Lates News

Taiwan Semiconductor Manufacturing Company (TSMC) announced on Friday that revenue for the first three months of this year grew by 35% to 1.13 trillion New Taiwan dollars, exceeding analysts' previous average forecast of 1.12 trillion New Taiwan dollars. This data indicates that, supported by the performance of major global chip clients like NVIDIA and Apple, global demand for AI chips remained stable even in the initial weeks after the outbreak of the conflict in the Middle East. The data shows that TSMC's sales in March increased by 45% compared to the same period last year. This financial report may help alleviate market concerns about whether the prolonged Middle East crisis will restrain spending on high-energy-consuming AI data centers and devices like the iPhone. Due to the pressure brought by the war on global shipping routes and energy prices, investors have been seeking clues to observe whether its impact will extend to the spending plans of tech giants.