:max_bytes(150000):strip_icc()/GettyImages-2161750944-df8891b94a9944f88e0d089c6b055a03.jpg?ssl=1 "TSMC May Revenue Jumps 40% as AI Chip Demand Stays Strong")
KEY TAKEAWAYS
- Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, reported May revenue surged 40% year-over-year as demand remained elevated for its AI chips.
- U.S.-listed shares of the company, which supplies tech heavyweights such as Apple and Nvidia, are rising more than 2% in premarket trading.
- January-to-May revenue of NT$1.51 trillion was up nearly 43% over the same period last year.
Taiwan Semiconductor Manufacturing Co. (TSM), the world’s largest…
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https://www.investopedia.com/tsmc-may-revenue-jumps-40-percent-as-ai-chip-demand-stays-strong-11751293
