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

Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, disclosed significant revenue growth for July amid strong demand for artificial intelligence-related semiconductors. The company posted revenue of 467.58 billion new Taiwan dollars ($14.5 billion) for the month, marking a 44.7% increase compared to the same period in the previous year.
The revenue performance exceeded the company’s annual guidance trajectory, with TSMC projecting 40% revenue growth for th