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Likes ReceivedChip giant TSMC just released a blockbuster earnings report, with their Q1 2026 performance exceeding market expectations across the board.
Their revenue was NT$1.134 trillion, a year-on-year increase of 35%.
Net profit reached NT$572.5 billion. Gross margin soared to a staggering 66.2%.
This strong report also alleviated concerns about the impact of the Middle East situation on AI sector demand.
After the report was released, their stock price experienced a short-term surge, indirectly boosting sentiment across the entire tech sector.
$NVIDIA(NVDA.US)$Invesco QQQ Trust(QQQ.US)$Taiwan Semiconductor(TSM.US)$AMD(AMD.US)$Palantir Tech(PLTR.US)$Intel(INTC.US)
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