TSMC sales hit record on AI demand - Taipei Times

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Second-quarter revenue reached NT$1.27 trillion as the June turnover surged, while TSMC’s 2nm process spending and US expansion remain focus points

Staff writer, with CNA

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported its highest quarterly sales amid strong global demand for artificial intelligence (AI) applications.The world’s largest contract chipmaker posted NT$1.27 trillion (US$39.5 billion) in consolidated revenue for the second quarter of this year, up 36 percent year-on-year and nearly 12 percent from a quarter earlier.The quarterly figure was bolstered by a very strong performance last month, when TSMC’s revenue was up 67.9 percent from a year earlier and rose 6.2 percent from a month earlier to NT$442.68 billion, a new monthly high, TSMC said in a statement.

The logo of Taiwan Semiconductor Manufacturing Co outside its office building in Hsinchu is pictured on April 16.