Artificial Intelligence Prints "TSMC" to record the first profit growth in a year

Taiwan Simonokind Manovakchoring (TSMC) registered to produce semiconductors the first increase in its profits in a year, after the strong demand for artificial intelligence led to the revival of growth in the largest global dust manufacturing business. The Chips manufacturing business, which is the most important provider of ‘Apple’ and ‘Invidia’, has a 9% increase in its operating net revenue to $ 225.5 billion, a new Taiwanese dollar ($ 7 billion) in the first three months of this year, which is better than average expectations of $ 214.9 billion expectations. Over the past week, the largest company in Taiwan has unveiled the fastest growth in its sales since 2022, which indicates that the demand for discs contributing to the development of artificial intelligence has begun to compensate for the effects of the decrease in the smartphone market, to Apple (which suffered a quarter of the TSMC income in 2023). Artificial Intelligence Businesses have increased the market value of “TSMC” by approximately $ 340 billion since the lowest level in October 2022, thanks to the bets over their major benefit from the global revival in the development of artificial intelligence. At the beginning of the year, the company set the capital spending budget for 2024 between 28 and $ 32 billion. “TSMC” regains its position among the top 10 valuable businesses in the world. The company said in January that it expects revenue growth by at least 20% this year in light of the recovery of the wider semiconductor market, despite the constant state of uncertainty amid global macro economic fluctuations. In contrast, Asml Holding notified a 22% decline in the first quarter contracts on Wednesday. The ASML is the most important supplier and the only provider for the world’s most advanced chip machines. In the long run, investors expect chips that gradually focus on artificial intelligence on a larger part of the income. “TSMC” said in January that its revenue from artificial intelligence is growing about 50% annually. However, some investors have warned that the current level of demand for artificial intelligences is not sustainable in the long run. Others still feel anxious due to the state of tension that around the Taiwan Sea Street, a narrow water surface between China and the island, which considers it part of its area.