Overview

• TSMC's revenue surged 33% year-on-year in August 2024, reaching NT$250.87 billion ($7.8 billion).
• The company's January-August revenue totaled NT$1,773.97 billion ($55.13 billion), up nearly 31% from the previous year.
• Strong demand for AI chips and smartphone processors, including those for Apple iPhones, has driven sales.
• TSMC's production yields at its Arizona facility are reportedly on par with those in Taiwan.
• Analysts project a 37% year-on-year increase in TSMC's third-quarter revenue.