TSMC Achieves Record Quarterly Revenue Amid Strong AI Chip Demand

Taiwan Semiconductor Manufacturing Co (TSMC) reported record quarterly revenue of NT$1.49 trillion (US$46.75 billion), surpassing market expectations. This 50% year-on-year increase is primarily attributed to the surging demand for artificial intelligence (AI) chips and the successful ramp-up of its advanced 2-nanometer technology. The strong performance highlights TSMC's critical role in the global high-performance computing and AI sectors.