TSMC’s October sales jump as global chip boom rolls on

Taiwan Semiconductor Manufacturing Co. announced October revenue results reflecting strong momentum in the global semiconductor market. The company generated 586.89 billion New Taiwan dollars in sales for the month, representing a 59.7% increase compared to the same period a year prior and a 14.7% increase from September.
The chipmaker attributed its performance to sustained demand for advanced semiconductors as major technology firms continued substantial capital allocation toward artificial i