TSMC Posts 54% Surge in September Net Revenue to $16.03 Billion
· Business · CNBC
Taiwan Semiconductor Manufacturing Co reported a September net revenue of 511.86 billion New Taiwan dollars, marking a 54.6% increase compared to the same month last year. The figure represents a slight 0.6% decline from August, while total third quarter revenue reached approximately 1.49 trillion New Taiwan dollars. The world's largest contract chipmaker has experienced surging demand for advanced AI chips from key customers including NVIDIA and Apple. In September, the company committed to adopting ASML's High NA extreme ultraviolet lithography machines to bolster production of advanced semiconductors. TSMC is scheduled to report its third quarter earnings next week.
Why it matters
As the world's largest contract chipmaker and supplier to tech giants like Apple and NVIDIA, TSMC's revenue surge signals continued strong global demand for advanced artificial intelligence hardware.
Read the original report — CNBC
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