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flag TSMC reports a 33.8% revenue jump, reaching $10.41 billion, driven by AI chip demand.

flag 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. flag This performance contributed to a 37.1% year-to-date increase in cumulative revenue. flag Additionally, TSMC received USD 2.23 billion in subsidies from governments to support its global expansion. flag The company's robust financial results and subsidies highlight its growing importance in the semiconductor industry.

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