TSMC's revenue in August increased by 33% - suggesting strong demand for AI semiconductors.
Date of update: September 10, 2024, 15:49 JST (excerpt)
Monthly revenue of 250.9 billion Taiwanese dollars - the growth rate slowed down from the 45% increase in July.
Possibility of alleviating concerns about market overvaluation - sustainability of AI infrastructure investment
Taiwan Semiconductor Manufacturing Company (TSMC), a leading contract manufacturer of semiconductors, announced on the 10th that its revenue in August increased by 33% compared to the same month last year. For investors who anticipate the recovery of the smartphone market and the sustained demand for artificial intelligence (AI) semiconductors from Nvidia, this is a positive signal.
Revenue in August was 250.9 billion Taiwan dollars (about 1.120 trillion yen). The growth rate slowed down from a 45% increase in July. Analysts predict a 37% revenue increase for the July-September (Q3) quarter.
Possibility of alleviating concerns about market overvaluation - sustainability of AI infrastructure investment
Taiwan Semiconductor Manufacturing Company (TSMC), a leading contract manufacturer of semiconductors, announced on the 10th that its revenue in August increased by 33% compared to the same month last year. For investors who anticipate the recovery of the smartphone market and the sustained demand for artificial intelligence (AI) semiconductors from Nvidia, this is a positive signal.
Revenue in August was 250.9 billion Taiwan dollars (about 1.120 trillion yen). The growth rate slowed down from a 45% increase in July. Analysts predict a 37% revenue increase for the July-September (Q3) quarter.
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