Taiwanese TSMC, the world's largest semiconductor company with customers such as Apple and Nvidia, reports a 42 percent increase in sales for the first quarter of the year.
The revenue landed at 25.5 billion dollars, which was more than what the analysts had counted on. Next week, the company will release its full report for the quarter.
Recently, TSMC announced that it will invest equivalent to over 1,000 billion kronor in the USA over the next four years. The company also states that it has filled its warehouses in the USA ahead of the tariffs.
