TSMC Reports 44.7% Revenue Jump on AI Chip Demand

TL;DR. TSMC's July revenue surged by 44.7% year-on-year, driven by strong demand for chips used in artificial intelligence applications. - The semiconductor foundry's July sales reached NT$467.58 billion ( 4.5 billion). - This performance outpaced TSMC's own full-year growth target of 40%. - The results highlight the increasing global appetite for AI infrastructure and specialized processors.

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