Taiwan Semiconductor Gains On Strong Earnings From Meta And Microsoft Boosting AI Demand

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock is trading higher Friday in sympathy with customers Meta Platforms, Inc (NASDAQ:META) and Microsoft Corp (NASDAQ:MSFT) this week’s quarterly financial results. Meta reported its first-quarter financial results after the market closed on Wednesday. Its revenue was $42.31 billion, up 16%, beating analyst estimates of $41.39 billion. Also Read: Taiwan Semiconductor Breaks Ground On Third Arizona Plant Without US Subsidies Amid Trump Tariff Thre