TSMC Stock Rises as Chipmaker's Results Top Estimates, Firm Sticks With Outlook
1. TSMC's Q1 results surpassed analyst expectations, increasing revenue by 42%. 2. Projected $28.4-$29.2 billion revenue outperforms analyst estimates for Q2. 3. No change in customer behavior observed despite tariff uncertainties. 4. The company plans a $100 billion investment in U.S. chip manufacturing. 5. TSM shares rose 3.5% after the earnings report amid a 25% value drop.