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Latin Times
Latin Times
Business

Taiwan's TSMC Net Profit Soars As US Tariff Threat Looms

TSMC is one of the world's leading semiconductor companies. (Credit: AFP)

Taiwanese chipmaking titan TSMC reported on Thursday a surge in net profit for the first quarter and forecast robust demand for artificial intelligence technology, despite the spectre of US tariffs on the critical sector.

Taiwan Semiconductor Manufacturing Company is the world's largest contract maker of chips that have become the lifeblood of the global economy, powering everything from smartphones to missiles.

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