After an optimistic investor call that saw its management share positive thoughts about the market of artificial intelligence products, the Taiwan Semiconductor Manufacturing Company (TSMC) has started 2024 on a strong note by delivering annual and sequential revenue growth for the month of January. Since TSMC's revenue is dependent on its customers' semiconductor design cycles, and these, in turn, are dependent on product launch timelines, the firm's revenue is seasonal and fluctuates on a monthly basis. TSMC's revenue picks up in the summer as its customers head to their annual product refresh cycles, and the gist of investor sentiment for […]
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