Why TSMC sales surged 45% as AI boom drives demand for advanced chips

World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand

TSMC's July sales jumped 45% YoY with AI chips at 66% of revenue, exceeding 40% annual guidance. Sustained demand and $60-64B capex show AI infrastructure cycle remains robust, signaling stable chip costs ahead and supporting accelerated AI deployment planning for enterprise.