TSMC reports Q1 revenue up 16.5% YoY to ~$18.87B, vs. ~$18B est., net income up 8.9% YoY to ~$6.97B, vs. ~$6.6B est., and expects strong AI chip demand in Q2 (Sheila Chiang/CNBC)

Sheila Chiang / CNBC:

TSMC reports Q1 revenue up 16.5% YoY to ~$18.87B, vs. ~$18B est., net income up 8.9% YoY to ~$6.97B, vs. ~$6.6B est., and expects strong AI chip demand in Q2  —  Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter …


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