TSMC Reports Strong Q3 Revenue Boosted By AI Chip Demand | BW Tech

Taiwan Semiconductor Manufacturing Company (TSMC) has announced a major revenue surge in its third quarter, driven by the growing demand for AI chips. With a 36.5% year-on-year increase, TSMC’s revenue hit 23.62 billion U.S. dollars, surpassing market expectations. As a key supplier to tech giants like Apple and Nvidia, TSMC's leadership in the semiconductor industry continues to shine.

In this video, we talk about TSMC's performance, its strategy to counter post-pandemic slowdowns, and what to expect during its next earnings call on October 17. Stay tuned for more updates on the semiconductor industry and the role AI is playing in its growth.

For more such content, keep following BWTV and BW Businessworld.
Top stories - https://businessworld.in/

#TSMC #AI #Q3Revenue #Semiconductors #TechNews