Taiwan Semiconductor Manufacturing Company (TSMC) exceeded Q1 targets driven by robust AI chip sales, despite ongoing tariff uncertainties. The company’s profit surged, showing resilience against trade tensions. TSMC remains optimistic about its outlook, citing strong demand in the AI sector as a key factor offsetting tariff-related risks. This performance has bolstered investor confidence, leading to a rise in stock prices.
— new from Investor’s Business Daily
