TSMC Quarterly Sales Rise 17% After Surge in Chip Demand
-- Taiwan Semiconductor Manufacturing Co. reported a third straight quarter of record sales, underscoring its lead as the world’s No. 1 maker of the advanced chips that are currently in short supply.Taiwan’s largest company said first-quarter revenue climbed 17% to NT$362.4 billion , compared with the average NT$360.5 billion of analysts estimates.TSMC manufactures chips that go into most pieces of modern electronics, from Apple Inc.’s iPhones to smart televisions and connected cars, making it