“TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips”
May 14, 2024
“…The world’s largest contract chipmaker is running well ahead of estimates for revenue growth in the current quarter, after sales increased by 34.3% in March, buoyed largely by insatiable appetite for AI semiconductors. The global smartphone industry returned to growth over the first three months of the year, including in the highly competitive Chinese market, which may drive orders for TSMC’s traditional mainstay of mobile chips…”
https://finance.yahoo.com/news/tsmc-keeps-sales-growth-april-053418822.html
Oh my goodness the amount these articles lie is insane. The Chinese economy is crashing. What growth? China is in worse shape than the U.S.