TSMC’s consolidated revenue for March hit NT$195.21 billion, a 30% increase from March 2023. The chipmaker has made more than NT$592.6 billion in the first Q1, marking a year-on-year increase of 16.5%.

The stream of good news involving the company has further pushed up its shares, which hit a record high of NT$820 on Thursday. The rise led the index up, with electrical, tourism and construction also on the rise. In the end, selling pressure took hold, and the index closed down 10 points at 20,753, a turnover of NT$440.9 billion. Institutional investors sold a net NT$5.479 billion.

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