Reported 3 days ago
Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant increase in its third-quarter revenue, exceeding $33.1 billion, largely driven by rising demand for artificial intelligence technologies. The revenue grew 40.8% year-over-year, and TSMC anticipates continued growth into the fourth quarter. The company is actively investing in capacity expansion in the U.S., including plans for advanced wafer manufacturing facilities to meet the ongoing demand for leading-edge silicon in AI and high-performance computing applications.
Source: YAHOO