Taiwan Semiconductor Manufacturing Co. disclosed record monthly revenue for August, reflecting sustained demand for semiconductors used in artificial intelligence applications. The company generated 514.8 billion New Taiwan dollars, equivalent to $16.35 billion, representing a 53.3% increase compared to the prior year and a 10.1% rise from July.
TSMC’s stock declined 0.61% on the day of the announcement. The revenue milestone marked the fourth consecutive month of rising monthly sales for the world’s largest contract chipmaker. During its second-quarter earnings presentation in July, the company had characterized AI-related demand as “extremely robust,” and reported a more than 77% year-over-year increase in second-quarter profit alongside a third-quarter revenue forecast between $44.6 billion and $45.8 billion.
TSMC maintained commanding market position in the global foundry sector, controlling 72.5% of the market share during the second quarter according to data released by TrendForce. Advanced manufacturing capacity at the 5-, 4-, and 3-nanometer nodes remained fully booked throughout the period, driven by demand for AI server processors. Samsung Foundry held the second position with 5.9% market share, trailed by China’s SMIC at 5.4%.
The top ten foundries worldwide posted combined revenue approaching $53.49 billion in the second quarter, with gains partly attributed to supply constraints affecting advanced manufacturing processes utilized for AI and high-performance computing applications.
Separately, TSMC and Dutch equipment manufacturer ASML announced a collaborative initiative to facilitate industry advancement toward next-generation chipmaking technology. TSMC indicated plans to integrate ASML’s High NA technology into large-scale production for advanced nodes beginning in 2030, with broader adoption anticipated as AI applications demand increasingly sophisticated transistor designs.
Article Attribution | Read More at Article Source
Article summary produced by Claude AI