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Robust global AI-related demand boosted the Taiwan-based contract chipmaker to a fresh sales peak last month. The company posted revenue of NT$514.8 billion for August, representing a 53.3% jump from a year earlier and a 10.1% rise from July. This result marks the 4th consecutive monthly high for TSMC, which reported that it struggled to meet overwhelming order volume for its AI chips.
Cumulative revenue from January through August rose 39.3% year over year to NT$3.39 trillion. This growth tracks close to the company's full year guidance, which projects an increase of slightly above 40%. The performance is driven by the ongoing expansion of AI infrastructure and strong demand from major tech customers.
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Key sources
- SOURCE@cnbc“demand for chips used in artificial intelligence applications remained strong”x.com
- SUPPORT@dnystedt“previous record was NT$467.58 billion in July”x.com
- SUPPORT@dnystedt“full-year guidance of “slightly above 40%” growth”x.com
- SUPPORT@business“struggling to meet overwhelming demand from the AI infrastructure buildout”x.com