TSMC sales increased 40% in April-June
$Taiwan Semiconductor (TSM.US)$ Sales for April-June (second quarter) grew more than expected. The artificial intelligence (AI) boom, which is spurring global data center investment, became a tailwind.
$NVIDIA (NVDA.US)$ with $Apple (AAPL.US)$ TSMC, which is the sole supplier of cutting-edge chips, announced on the 10th that sales for June reached 207.9 billion Taiwan dollars (about 1.30 trillion yen). This means that April-June sales increased 40% to 673.5 billion Taiwan dollars. The expected average was a 35.5% increase.
In response to the flow of investment in AI-related data centers and equipment, the total market value of TSMC reached 1 trillion dollars at one point in the US New York market on the 8th.
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