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TSMC reports a 33.8% revenue jump, reaching $10.41 billion, driven by AI chip demand.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant 33.8% year-over-year increase in August revenue, reaching NT$335.77 billion (US$10.41 billion), fueled by strong demand for AI chips.
This performance contributed to a 37.1% year-to-date increase in cumulative revenue.
Additionally, TSMC received USD 2.23 billion in subsidies from governments to support its global expansion.
The company's robust financial results and subsidies highlight its growing importance in the semiconductor industry.
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TSMC informa un salto de ingresos del 33.8%, alcanzando los $ 10.41 mil millones, impulsado por la demanda de chips de IA.