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Business · 46 minutes ago

TSMC's August revenue hits record high on AI chip demand, surges 53.3%

TSMC's August revenue hits record high on AI chip demand, surges 53.3%

The world's largest contract chipmaker, TSMC, saw its monthly revenue reach a record $16.35 billion in August. The 53.3% rise from the previous year primarily reflects robust demand for semiconductors employed in artificial intelligence. The Taiwanese tech giant holds 72.5% of the global foundry market, with its advanced chip capacity fully booked.

Reported by CNBC · How we write briefs

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