Taiwan Semiconductor Manufacturing Co. announced record monthly revenue for August, posting $514.8 billion New Taiwan dollars, equivalent to $16.35 billion. The figure represented a 53.3% increase compared to the same month in the previous year and a 10.1% sequential gain from July. The world’s largest contract chipmaker’s stock declined 0.61% in trading on Thursday as the revenue report was released.
TSMC’s monthly revenue has now expanded for four consecutive months. During its earnings presentation in July, the company had indicated that artificial intelligence-related demand remained exceptionally robust. The company posted a second-quarter profit increase exceeding 77% on a year-over-year basis and provided third-quarter revenue guidance of between $44.6 billion and $45.8 billion.
The Taiwanese manufacturer has reinforced its leading position in the global foundry sector, commanding a 72.5% market share during the second quarter based on research data released Wednesday. Advanced chip production capacity at the 5-, 4-, and 3-nanometer process nodes remained fully booked during the quarter, driven by high demand for AI server processors. Samsung Foundry held second place with 5.9% market share, while China’s SMIC occupied third position with 5.4%.
The world’s top 10 foundries combined generated record revenue of nearly $53.49 billion in the second quarter, with gains attributed partly to supply constraints affecting advanced processes used in AI and high-performance computing applications. Separately, TSMC and Dutch equipment manufacturer ASML announced plans to advance the industry’s transition toward next-generation chipmaking technology. TSMC indicated it intends to incorporate ASML’s High NA technology into large-scale manufacturing operations for advanced nodes beginning in 2030, with greater adoption anticipated as AI applications demand increasingly sophisticated transistor designs.
Article Attribution | Read More at Article Source
Article summary produced by Claude AI