Tag: TSMC&#x27s

TAIPEI (Reuters) -TSMC\’s Taipei-listed shares tumbled 6.7% on Friday following the company\’s first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.

TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.