Asia
TSMC’s Sales Grow Slowest in Months Even as AI Buildout Persists
Taiwan Semiconductor Manufacturing Co. posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fueled pace of growth.
Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue can fluctuate month-to-month, analysts on average expect the company’s June-quarter revenue to grow almost twice as fast, or at about 35%.