The Taiwanese semiconductor manufacturer TSMC reports an unexpectedly strong result for the first quarter of 2025.
The net profit landed at 11.1 billion dollars, equivalent to approximately 110 billion kronor.
Last week, TSMC, with customers such as Nvidia and Apple, reported an increased sales of 42 percent for the first quarter of the year. The turnover landed at 25.5 billion dollars.
TSMC is the world's largest manufacturer of advanced chips and the stock soared by over 80 percent in last year's AI boom.