Reported 6 months ago
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 30% increase in May sales to NT$229.6 billion ($7.1 billion), driven by high demand for artificial intelligence and recovery in consumer electronics markets. TSMC is benefiting from the global AI chip race, producing semiconductors for companies like Nvidia, Microsoft, and OpenAI. The company, based in Hsinchu, Taiwan, is also the exclusive manufacturer of Nvidia's advanced AI accelerators and fabricates chips for Apple and AMD.
Source: YAHOO