TSMC revenue up 16.5% to $18.5B in Q1 - Breaking The News
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TSMC revenue up 16.5% to $18.5B in Q1

EPA-EFE/DAVID CHANG

Taiwan Semiconductor Manufacturing Company Limited (TSMC) said on Wednesday that its revenue for the first quarter of 2024 reached 592.64 billion New Taiwan dollars ($18.5 billion), climbing 16.5% from the same period a year earlier.

The chipmaker stated its net revenue in March soared 34.3% year on year to 195.21 billion New Taiwan dollars ($6.1 billion). The figure was up 7.5% compared to February this year.

TSMC is scheduled to report its full first-quarter results on April 18.

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