Hardware2d ago
Hardware
TSMC Q1 Revenue Surges 35% On AI Demand
Revenue of T$1.134 trillion ($35.71 billion) drove TSMC to beat market forecasts this quarter. Surging demand for AI applications fueled this 35% year-over-year jump. The results confirm massive capital expenditure on AI silicon. This growth validates the current hardware cycle for Nvidia and other chip designers relying on the foundry.