Business & Finance
TSMC’s Quarterly Revenue Jumps 51% After AI Demand Holds Up
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Big Tech TSMC’s Quarterly Revenue Jumps 51% After AI Demand Holds Up Taiwan Semiconductor Manufacturing Co. reported a 51% rise in quarterly revenue, a positive signal for investors trying to gauge the sustainability of a global AI infrastructure buildout. Revenue totaled NT$1.49 trillion ($46.7 billion) over the three-months ended in September, based on Bloomberg News’s own calculations. Analysts on average were looking for NT$1.46 trillion.
Big Tech
TSMC’s Quarterly Revenue Jumps 51% After AI Demand Holds Up
Taiwan Semiconductor Manufacturing Co. reported a 51% rise in quarterly revenue, a positive signal for investors trying to gauge the sustainability of a global AI infrastructure buildout.
Revenue totaled NT$1.49 trillion ($46.7 billion) over the three-months ended in September, based on Bloomberg News’s own calculations. Analysts on average were looking for NT$1.46 trillion.