Overview

• TSMC's Q1 revenue rose to $18.54 billion, surpassing market expectations and previous year's figures.
• The company benefited from an $11.6 billion grant and loan package under the Biden administration's CHIPS Act.
• AI and data center applications primarily fueled the revenue surge, with significant contributions from clients like Apple and Nvidia.
• Despite recent challenges like a major earthquake in Taiwan, TSMC's operations remain largely unaffected.
• TSMC is expanding its global footprint with new manufacturing facilities in the U.S. and plans for advanced chip production.