Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a 16% growth in first-quarter revenue to NT$592.6 billion ($18.5 billion) versus the $18.4 billion analyst consensus estimate.   The figure was closer to the higher end of TSMC’s previous expectation of $18 billion—$18.8 billion. The key Nvidia Corp (NASDAQ:NVDA) and Apple Inc (NASDAQ:AAPL) suppliers’ quarterly revenue grew faster over a year due to big tech companies’ surging demand for artificial intelligence applications. The outperformance fueled expectations that the key contract chipmaker will return to solid growth in 2024, battling the pandemic-induced smartphone and ...