Taiwan Semiconductor Manufacturing Co. announced record monthly revenue for August, reaching $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% rise from July. The company’s stock declined 0.61% on Thursday prior to the announcement.
TSMC’s consecutive monthly revenue growth has extended for four straight months. The company previously noted during its second-quarter earnings presentation in July that demand related to artificial intelligence applications remained “extremely robust.” Second-quarter results showed profit increased more than 77% year-over-year, and management provided guidance for third-quarter revenue between $44.6 billion and $45.8 billion.
The chipmaker maintained its position as the global foundry market leader with a 72.5% market share during the second quarter, according to data released by TrendForce. The company’s production capacity for advanced 5-, 4-, and 3-nanometer nodes operated at full utilization during the period, supported by demand for AI server processors. Samsung Foundry held the second position with 5.9% market share, followed by China’s SMIC with 5.4%.
The broader foundry sector achieved record combined revenue of nearly $53.49 billion in the second quarter, with growth bolstered by supply constraints affecting advanced manufacturing processes used in AI and high-performance computing applications.
Separately, TSMC and Dutch equipment supplier ASML announced plans this week to collaborate on advancing chipmaking technology. TSMC indicated plans to implement ASML’s High NA technology in large-scale production of advanced nodes beginning in 2030, with broader adoption anticipated as AI systems demand increasingly sophisticated transistor designs.
Article Attribution | Read More at Article Source
Article summary produced by Claude AI