RIO News: Trending tickers: TSMC, Novavax, Anglo American and IAG - 10th May 2024, 7:30pm

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TSMC saw its April revenue jump nearly 60% percent on-year. (Future Publishing via Getty Images)

TSMC (TSM)

Taiwan Semiconductor Manufacturing Company’s April revenue jumped nearly 60% percent on-year, as the firm rides a wave of sustained demand for the advanced semiconductors used in artificial intelligence (AI) hardware.

The world’s largest contract chipmaker said consolidated revenues for April were approximately TWD236.02bn (£5.7bn/$7.2bn), an increase of 59.6% from April 20...

>>> Read more: Trending tickers: TSMC, Novavax, Anglo American and IAG
 
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