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Taiwan Semiconductor’s July sales rise 26% as AI demand stays strong (TSM:NYSE)

by TheAdviserMagazine
8 months ago
in Business
Reading Time: 1 min read
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Taiwan Semiconductor’s July sales rise 26% as AI demand stays strong (TSM:NYSE)
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BING-JHEN HONG/iStock Editorial via Getty Images

Taiwan Semiconductor Manufacturing (NYSE:TSM) reported nearly 26% year-over-year surge in July revenue, reinforcing signs of accelerating investment in artificial intelligence.

The contract chipmaker, which supplies giants like Nvidia (NVDA) and Apple (AAPL), posted sales of NT$323.2 billion ($10.8



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Tags: demandJulyrisesalessemiconductorsstaysstrongTaiwanTSMNYSE
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