Taiwan Semiconductor Manufacturing Company (TSMC) reported consolidated net revenue for August 2024 of approximately NT$250.87 billion, reflecting a 2.4% decrease from July 2024.
However, the figure represents a significant 33% increase compared to August 2023, driven by strong demand for artificial intelligence chips.
For the first eight months of 2024, TSMC's total revenue reached NT$1.77 trillion, marking a 30.8% rise compared to the same period in 2023.
TSMC is the world’s largest dedicated semiconductor foundry, manufacturing chips for the world’s largest technology companies including Apple, Nvidia, and Qualcomm.