TSMC Sales Surge Past Expectations on AI Infrastructure Boom
- Strong demand may help contract chipmaker lift prices: analyst
- Supplier to Nvidia briefly hit $1 trillion value this week
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Taiwan Semiconductor Manufacturing Co.’s second-quarter sales grew at their fastest pace since 2022, buoyed by the AI boom that’s fueling data center investment worldwide.
The sole supplier of Nvidia Corp. and Apple Inc.’s most advanced chips said revenue for June came to NT$207.9 billion ($6.4 billion). That means 40% growth in the June quarter to NT$673.5 billion, versus the average projection for a 35.5% rise.