AI demand drives TSMC to 53 percent revenue growth

AI demand drives TSMC to 53 percent revenue growth

TSMC saw its revenue increase by more than half in August. The Taiwanese chipmaker is benefiting from strong demand for processors for AI infrastructure, but at the same time is struggling to expand its production capacity quickly enough. Revenue last month totaled 514.8 billion New Taiwan dollars, equivalent to approximately 16.3 billion U.S. dollars. That’s [...]

TSMC saw its revenue increase by more than half in August. The Taiwanese chipmaker is benefiting from strong demand for processors for AI infrastructure, but at the same time is struggling to expand its production capacity quickly enough. Revenue last month totaled 514.8 billion New Taiwan dollars, equivalent to approximately 16.3 billion U.S. dollars. That’s [...]

This article was originally published by Techzine Europe.

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