TSMC experiences Q1 income up 3.6% YoY to ~$16.7B, beneath analysts forecasts, and March income down 15% YoY to ~$4.8B as electronics demand continues to fall (Debby Wu/Bloomberg)

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Debby Wu / Bloomberg:

TSMC experiences Q1 income up 3.6% YoY to ~$16.7B, beneath analysts forecasts, and March income down 15% YoY to ~$4.8B as electronics demand continues to fall  —  Taiwan Semiconductor Manufacturing Co. missed gross sales estimates for the second consecutive quarter in an indication of continued weak point in international electronics demand.