Apple’s Chip Demand Fuels Record Performance for TSMC

Taiwan Semiconductor Manufacturing Company (TSMC) has once again demonstrated its pivotal role in the global technology supply chain, posting remarkable August revenue figures driven by advanced chip production for Apple’s next-generation iPhone. The semiconductor foundry’s performance highlights its continued dominance in manufacturing cutting-edge components for the world’s leading tech brands.

The chipmaker reported August revenue of NT$335.77 billion, representing a substantial 33.8% year-over-year increase. This achievement marks the second-highest monthly revenue in TSMC’s corporate history. The company has now reached approximately 68% of its projected quarterly revenue target through its combined July and August results, positioning it to potentially exceed third-quarter expectations.

This surge is directly attributed to the mass production of 3-nanometer chips... Read more...