TSMC Quarterly Revenue Surges to NT$1.49 Trillion
The world’s largest contract chipmaker said AI demand lifted revenue 50% from a year earlier, beating analyst estimates from 19 analysts.
- On Thursday, Taiwan Semiconductor Manufacturing Company reported record third-quarter revenue of $1.49 trillion, rising 50% from the year-earlier period due to surging demand for AI applications.
- This historic growth stems from the global buildout of AI infrastructure, with TSMC serving as a major supplier to Nvidia and Apple amid booming chip demand.
- For September alone, TSMC reported revenue rose 54.6% year-on-year to $511.86 billion, though this reflects a 0.6% decline from August figures.
- Despite the record-breaking quarter, TSMC shares closed 1.35% lower on Thursday; the company remains Asia's most valuable firm with a $2.1 trillion market capitalisation.
- TSMC is scheduled to report full third-quarter earnings next week, while in September the manufacturer committed to adopting ASML's High NA extreme ultraviolet lithography machines for advanced chip production.
48 Articles
48 Articles
TSMC quarterly revenue surges to NT$1.49 trillion
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported record quarterly revenue for last quarter, after sales last month hit the second-highest monthly level in the company’s history.Revenue in the quarter ended last month was NT$1.49 trillion (US$46.75 billion), up 17 percent from NT$
Globo
The TSMC, the world's largest manufacturer of chips per order, released this Thursday a record revenue in the third quarter of 1.49 trillion Taiwanese dollars (US$46.71 billion), surpassing market forecasts and recording a 50% increase over the same period of the previous year, due to the increase in demand for artificial intelligence applications (AI). The revenue in the quarter of July to September was 1.49 trillion Taiwanese dollars, accordin…
(Beijing=Yonhap News) Correspondent Han Jong-gu = Sales of Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturing) company, in the 3rd quarter of this year were the number of artificial intelligence (AI) semiconductors...
TSMC posts record quarterly revenue, highest-ever September sales
Taipei, Oct. 8 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported record quarterly revenue and its highest-ever sales for the month of September, with analysts attributing the performance to robust artificial intelligence (AI) demand and rising smartphone-related orders.
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