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Benzinga
Benzinga
World
Shanthi Rexaline

Apple, Tesla Supplier TSMC Forecasts Strong 2022 Growth

TSMC Apple TSM Nasdaq Mark Liu NYSE Taiwan Semiconductor Manufacturing Company LTD Semiconductor

Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), which supplies chips to the likes of Apple, Inc. (NASDAQ:AAPL) and Tesla, Inc. (NASDAQ:TSLA), is purportedly weathering external risks fairly well and is confident of seeing strong growth in 2022.

What Happened: TSM expects revenue growth to accelerate from 24.9% in 2021 to 30% in 2022, the foundry's chairman Mark Liu said at the annual shareholder meeting, Bloomberg reports.

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