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https://www.barrons.com/articles/taiwan-semiconductor-stock-earnings-chips-32583199

Taiwan Semi Results Beat Expectations. It Has a Warning for the Chip Industry.

By
Adam Clark
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Taiwan Semiconductor Manufacturing beat expectations for its first-quarter profit but forecast a revenue slowdown in the second quarter. It’s another sign of potentially prolonged weakness in the semiconductor industry.

The world’s largest contract chip maker said Thursday that net profit for the quarter ended March 31 rose to 206.99 billion Taiwanese dollars (US$6.76 billion) from 202.73 billion Taiwanese dollars in the same period the previous year.

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