TSMC’s half-year revenue surges 40%

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Taiwanese chip giant TSMC reported on Thursday a 40% surge in revenue in the first six months on robust demand for AI technology.

Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips, which have become the lifeblood of the global economy, powering everything from smartphones to missiles.

TSMC’s half-year revenue increased 40 percent to NT$1.77 trillion (US$60.8 billion) from a year earlier, the company, whose clients include tech giants Nvidia and Apple, said in a statement.

Chairman and chief executive CC Wei told a…



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TSMC’s half-year revenue surges 40%



Taiwanese chip giant TSMC reported on Thursday a 40% surge in revenue in the first six months on robust demand for AI technology.

Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips, which have become the lifeblood of the global economy, powering everything from smartphones to missiles.

TSMC’s half-year revenue increased 40 percent to NT$1.77 trillion (US$60.8 billion) from a year earlier, the company, whose clients include tech giants Nvidia and Apple, said in a statement.

Chairman and chief executive CC Wei told a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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