TSMC reports Q1 revenue up 16.5% YoY to $18.5B and expects revenue to grow at least 20% in 2024, reversing 2023's slight decline, and budgets capex of $28B-$32B (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
TSMC reports Q1 revenue up 16.5% YoY to $18.5B and expects revenue to grow at least 20% in 2024, reversing 2023's slight decline, and budgets capex of $28B-$32B  —  That outperformance lends weight to expectations that the world's most valuable chipmaker will return to solid growth this year …

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