Taiwan TSMC, the world's largest foundry (semiconductor contract manufacturer), posted April revenue of 410.7 billion New Taiwan dollars (about 19.2 trillion won), up 17.5% from a year earlier, Taiwan Central News Agency and Bloomberg reported on the 8th. It was a record high for April, but it fell about 1.1% from March.
The year-over-year growth rate was the lowest since Oct. last year (16.9%). March's growth rate was 45.2%. TSMC's revenue for January–April was NT$1.5448 trillion (about 72 trillion won), up 29.9% from a year earlier. Taiwan Central News Agency reported that the semiconductor market still appears strong due to the artificial intelligence (AI) boom.
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