21 days ago • Posted by William Ramstein
TSMC reported a 19.4% rise in Q1 profits
Despite a chip shortage large clients Apple and Qualcomm have continued to order chips from the manufacturer despite increasing prices. TSMC plans to invest $100B in facilities to build yet more chips in anticipation for a growing need stemming from 5G and AI tech companies. TSMC's market value is $558 billion.