TSMC July Revenue Up 45% Year-on-Year, AI Demand Remains Strong

TechFlow News, August 10, according to Bloomberg, Taiwan Semiconductor Manufacturing Company (TSMC) announced July revenue reached NT$467.58 billion (approximately US$14.5 billion), a 45% year-on-year increase, indicating that AI hardware demand remains strong amidst market volatility. As a core chip supplier for NVIDIA and Apple, analysts' average expectation for TSMC's sales growth in the current quarter is 46.8%.