Apple Silicon supplier TSMC's April revenue surged 48% driven by increased demand for critical components like chips amidst potential U.S. import tariffs.
TSMC, a major chipmaker for Apple and Nvidia, reported monthly sales of NT$349.6 billion ($11.6 billion), surpassing analysts' expectations for second-quarter revenue growth.
The robust demand for high-end Nvidia chips, essential for artificial intelligence development, indicates the resilience in tech spending globally.
Amid uncertainties, companies like Apple are stocking up on supplies in anticipation of prolonged negotiations, as seen in TSMC's soaring revenue.