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Taiwan’s chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC, one of the world’s largest companies, reported a 58 percent jump in profit on Thursday for the January-March quarter, thanks to strong demand driven by the artificial intelligence boom, even as the Iran war was driving up costs. Taiwan Semiconductor Manufacturing Corp., a key supplier for Apple and Nvidia and the largest … Read more

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