TSMC's first-quarter revenue handily beats market forecast

TAIPEI, April 10 (Reuters) - TSMC, the world's largest contract chipmaker, on Thursday reported first-quarter revenue of T$839.25 billion ($25.55 billion), beating market forecasts, as the company reaps the benefit from artificial intelligence demand.

An LSEG SmartEstimate, drawn from 19 analysts, had predicted first-quarter revenue of T$835.66 billion.

Taiwan Semiconductor Manufacturing Co (TSMC) 2330.TW is a major supplier to companies including Apple AAPL.O and Nvidia NVDA.O.

($1 = 32.8420 Taiwan dollars)