TSMC Revenue Jumped Over 60% YoY in April 2024. TSMC (Taiwan Semiconductor) makes all the chips for Nvidia, Apple, AMD, among others
Posted: May 10, 2024
- Taiwan Semiconductor Manufacturing Co. (TSMC) saw a 60% jump in April sales to $7.3 billion - Sustained demand for artificial intelligence (AI) chips contributed to the sales increase - TSMC is expected to increase sales by a third in the current quarter - TSMC manufactures chips for companies like Nvidia and Apple - Nvidia's earnings report is scheduled for May 22, 2024 - TSMC's shares hit an all-time high in April
Summarized top reddit comments: - Bols buying calls but stock not going up - Speculation on stock reaching $200 - Disappointment in missing out on company growth - Stock history and price increase over a year - Company relocating to Arizona as contingency - Appreciation for stock price increase in past year
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