World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high

Taiwan Semiconductor Manufacturing Co. announced record monthly revenue for August, posting $16.35 billion in sales compared to the prior year’s equivalent period. The figure represented a 53.3% increase year-over-year and a 10.1% rise from the preceding month, marking the fourth consecutive month of revenue growth for the world’s largest contract chipmaker.
The company’s strong performance reflected continued robust demand for chips used in artificial intelligence application