Reported 1 day ago
Taiwan Semiconductor Manufacturing Co. (TSMC) announced a 34% increase in sales for November compared to the same month last year, driven by strong demand for its AI-focused chips. However, the company experienced a 12% decline in sales from October. Overall, revenue from January to November has risen 32% year-over-year. Despite a slight dip in premarket trading, TSMC's shares have nearly doubled in value this year.
Source: YAHOO