A company called Taiwan Semi made a lot of money in the first three months of this year because many big tech companies like Nvidia and Apple wanted special computer chips for their AI projects. This means that the company is doing well and plans to grow even more by making new, advanced chips in America and other countries. Read from source...

1. The author uses a misleading title that suggests TSMC is only focused on AI applications and ignores its other markets such as smartphone and computer chips. This gives the impression that TSMC's growth is solely dependent on AI demand, which may not be true in reality.
2. The author cites Nvidia and Apple as key suppliers for TSMC, but does not provide any data or evidence to support this claim. It is unclear how much revenue these two companies generate for TSMC or what percentage of TSMC's total revenue they represent. A more balanced approach would be to include other major customers such as Qualcomm and AMD, who also contribute significantly to TSMC's success.
3. The author mentions that the first half of the year is usually slower for Taiwanese tech firms due to corrections following the end-of-year holiday rush in major Western markets. However, this does not explain why TSMC's revenue growth was so strong in Q1 despite these usual market fluctuations. A possible reason could be that TSMC's advanced technology node and market leadership allowed it to capture more market share from its competitors during this period.
4. The author states that TSMC expects capital expenditures of $28 billion—$32 billion and revenue growth of at least 20% in 2024, compared to 2023’s slight decline. However, this statement is contradictory because if TSMC's revenue growth was slightly negative in 2023, how can it achieve a double-digit growth in 2024? A more logical explanation would be that TSMC's revenue growth in 2023 was positive but lower than its expectations, and it aims to improve upon that performance in the following year.
5. The author claims that TSMC is expanding its geographical footprint in the US, Japan, and Germany to tap into the growing investment in data centers by companies like Amazon and Microsoft. However, this statement does not provide any evidence or data to support this claim. A more convincing argument would be to cite specific examples of TSMC's expansion plans or partnerships with these companies.

Positive

Summary:
TSMC reported a 16% growth in Q1 revenue due to high demand for AI applications from Nvidia and Apple. The company plans $65B investment in the US for cutting-edge chips and expects 20% revenue growth in 2024.