TSMC Reports Earnings Increase Despite Middle East Conflict
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The company reported a 58% increase in quarterly net earnings Taiwan Semiconductor Manufacturing's results for Q1 proved resilient. They indicated that global demand for AI remained stable despite uncertainties from the conflict in the Middle East, which has shaken energy markets and driven up costs. Record earnings surpass analyst expectations The world's largest contract chipmaker reported on April 16, 2026, a 58% increase in quarterly net earnings to NTD 572.48 billion, equivalent to approximately $18.12 billion. Analysts had expected,...
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