TSMC's Revenue Surges 34% in August Amid Strong Demand for AI Chips
1 week ago / Read about 0 minute
Author:小编   

On September 10, TSMC reported a 34% increase in revenue for August, highlighting the robust global demand for advanced AI chips. According to TSMC's report, revenue last month reached NT$335.8 billion (approximately US$11.1 billion). Analysts predict that TSMC's revenue for the September quarter will grow by around 25%. TSMC's continued growth supports investor views that AI spending will remain high in the coming years, driving widespread technological adoption. On Tuesday, Oracle's stock price hit a record high after the company provided a strong outlook for its cloud business, fueling expectations of accelerated AI infrastructure development. Last week, Broadcom's stock price rose following reports that its chip developed in collaboration with OpenAI had secured over US$10 billion in orders.