Business · 10 September 2026
TSMC's August revenue hits record high on AI chip demand, surges 53.3%
Briáxis F. Mendes (孟必思) via Wikimedia Commons (CC-BY-SA-4.0)
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