TSMC July Revenue Rises 44.7% to Record High as AI Chip Demand Remains Strong
TradingKey·
- TSMC reported a July consolidated revenue of NT$ 467.58 billion, marking a 44.7% year-on-year increase and setting a new monthly record.
- This growth was primarily driven by robust demand for advanced process technologies and artificial intelligence chips.
- Despite broader market concerns regarding AI investment returns and data center overcapacity, the company projects its full-year USD revenue to grow by slightly over 40%.
