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TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run

Taiwan Semiconductor Manufacturing Company's logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong.Here are the company's results versus LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:R...

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