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

Summary by RocketNews
Taiwan Semiconductor Manufacturing Co. announced strong financial results for July, posting revenue of 467.58 billion New Taiwan dollars ($14.5 billion), reflecting a 44.7% increase compared to the prior year. The company attributed the performance to sustained strength in demand for semiconductors used in artificial intelligence applications. As the world’s largest chip manufacturer, TSMC serves major technology firms including Nvidia and produ…

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RocketNews broke the news on Tuesday, August 18, 2026.
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