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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.
TSMC (ORG) Quarterly Revenue (ORG) AI Demand Holds Up Big Tech (ORG) AI Demand Holds Up Taiwan Semiconductor Manufacturing Co. (ORG) Bloomberg News’s (ORG)
Originally published by Bloomberg Technology Read original →