TSMC’s Sales Quicken in First Two Months in Upbeat Note for AI
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Taiwan Semiconductor Manufacturing Co.’s revenue climbed 39% in the first two months, quickening from 2024 in a sign of resilient demand for the Nvidia Corp. chips that power AI development.
The world’s largest chipmaker reported combined revenue for the first two months of NT$553.3 billion ($16.8 billion). That compares with 34% growth during the full-year of 2024. Analysts on average are projecting growth of about 41% this quarter.