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Electronics Production |

TSMC reports third-highest monthly revenue in its history

Taiwan Semiconductor Manufacturing Co. (TSMC) grossed NT$229.62 billion (USD 7.1 billion) in May – 30% up on the same month of last year. However, the total was down by 2.7% on the previous month.

The figure was the third-highest monthly revenue in TSMC's history. Analysts attributed the strong performance to demand from the high-performance computing market for the foundry's 3 nanometer and 5nm advanced process technologies. They also predicted that TSMC would meet its second-quarter operational targets and could even beat expectations.

TSMC second-quarter revenue is estimated to be between USD 19.6 billion and USD 20.4 billion, with a median increase of about 6% quarter-on-quarter. 

The firm is the exclusive producer of some of the world's most advanced and in-demand chips. These include Nvidia’s advanced AI accelerators and also semiconductors for Apple and Advanced Micro Devices.


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June 13 2024 1:49 pm V22.4.55-1