TSMC Reports 45% Revenue Surge in July on Robust AI Chip Demand

Strong sales driven by AI technology position TSMC for continued growth and expansion.

TSMC's July revenue reached NT$256.95 billion ($7.9 billion), a 45% year-over-year increase.
The Taiwanese chipmaker's sales from January to July rose by 30.5%, reflecting sustained demand.
TSMC supplies advanced chips to major companies like Nvidia and Apple, fueling its growth.
The company expects third-quarter revenue between $22.4 billion and $23.2 billion.
TSMC benefits from the U.S. CHIPS and Science Act, receiving $6.6 billion for its Arizona facilities.