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Chip Giants Are Making More Money Than Ever as the Semiconductor Shortage Rages on

By Sam Shead, CNBC • Updated 23 mins ago SeongJoon Cho | Bloomberg | Getty Images The combined quarterly total revenue of the chipmakers rose to a record $22.75 billion in the first quarter, according to TrendForce. Around 57% of the world s chip foundry revenues in the last quarter were generated by one Taiwanese chipmaker: Taiwan Semiconductor Manufacturing Corp. Elsewhere, Taiwan s United Microelectronics Corporation saw its quarterly revenues climb 5% quarter on quarter to $1.6 billion, while China s SMIC rose 15% to $1.1 billion. The world s 10 biggest chip manufacturing companies saw their revenues surge to a record high in the first quarter of 2021, according to market research firm TrendForce. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.

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