TSMC reports Q1 revenue up 16.5% YoY to NT$592.64B ($18.87B) vs. NT$582.94B est., profit up 8.9% YoY to NT$225.49B vs. NT$213.59B est., on strong AI chip demand (Sheila Chiang/CNBC)

Sheila Chiang / CNBC:
TSMC reports Q1 revenue up 16.5% YoY to NT$592.64B ($18.87B) vs. NT$582.94B est., profit up 8.9% YoY to NT$225.49B vs. NT$213.59B est., on strong AI chip demand  —  Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter …

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