TSMC’s Second-Quarter Revenue Jumps 20% on Chip Demand
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Taiwan Semiconductor Manufacturing Co. reported a 20% jump in quarterly sales, as the company raced to meet demand for chips from the automotive and other industries.
Sales for the quarter ended in June came in at NT$372.1 billion ($13.3 billion), in line with the average analyst estimate of NT$371.3 billion. Revenue for June was NT$148.5 billion, up 23% from a year ago.