Thursday, April 16, 2020
TSMC reports $3.9B Q1 profit, but slashes outlook for the year – TechCrunch
Taiwan Semiconductor Manufacturing Company (TSMC) beat analyst estimates after reporting its net profit almost doubled in the quarter that ended in March, and said it was hopeful to sustain momentum in the current quarter but slashed its industry and foundry outlook for the year. The Taiwan-headquartered company, which counts Apple among its clients, reported profit of NT$116.99 billion ($3.9
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