Robert Besser
21 Apr 2025, 04:07 GMT+10
TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related semiconductors.
The world's largest contract chipmaker posted a 60 percent rise in net profit for the January–March period, reaching T$361.6 billion (US$11.12 billion), up from T$225.5 billion a year earlier.
That figure topped the T$354.6 billion SmartEstimate compiled by LSEG, which gives more weight to analysts with a track record of accuracy.
TSMC, whose key clients include tech giants Apple and Nvidia, has seen demand soar as companies ramp up investment in artificial intelligence technologies.
Get a daily dose of International Travel News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.
More InformationTAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related...
LONDON - Google is facing a multibillion-pound legal challenge in the UK over allegations it misused its dominance in online search...
Lyft is making its first move into Europe with the purchase of mobility platform FreeNow, a nearly $200 million deal that signals a...
NEW DELHI - India is preparing to scrap import taxes on U.S. ethane and liquefied petroleum gas (LPG) as part of ongoing trade negotiations...
TOKYO, Japan: Facing the pressure of new U.S. tariffs, Honda is weighing a shift in its production strategy that could see more of...
BEIJING, China: China will raise battery safety standards for electric and plug-in hybrid vehicles, aiming to tackle fire and explosion...
DUBLIN, Ireland: Dublin's four local councils are joining forces to push for the introduction of a tourist tax, aiming to unlock a...
WASHINGTON, D.C.: The U.S. Transportation Security Administration has announced that starting May 7 it will begin enforcing stricter...
FORT WORTH, Texas: American Airlines will begin offering free high-speed Wi-Fi to passengers in January 2026, joining a growing list...
NEW YORK CITY, New York: The helicopter tour company involved in a recent crash that killed a pilot and a visiting family from Spain...
A foreign tourist poses for photos with flowers at a venue of the 2025 Shanghai International Flower Show in Huangpu District of east...
Agra (Uttar Pradesh) [India], April 20 (ANI): The world-famous UNESCO World Heritage site, the Taj Mahal, is being prepared for the...