Reported about 7 hours ago
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 39% increase in quarterly revenue, surpassing expectations and alleviating fears of declining AI hardware spending. The company's sales for the September quarter reached NT$759.7 billion ($23.6 billion), exceeding projections and affirming investor confidence in sustained AI-related spending. With the ongoing demand from major firms like Nvidia and Apple, TSMC continues to strengthen its position as a leading supplier in the accelerating AI chip market.
Source: YAHOO