TSMC, a major chipmaker for companies like Apple and Nvidia, reported strong first-quarter results driven by demand for AI chips used in technologies like ChatGPT. Despite macroeconomic headwinds and an earthquake, TSMC's revenue and profit exceeded expectations. The company expects continued growth in 2024 due to its advanced technology and growing customer base. TSMC's focus on producing smaller, more efficient chips is also driving long-term growth.
